Dividend 15 Split Corp II T.DF

Alternate Symbol(s): T.DF.PR.A | DVDDF

Dividend 15 Split Corp. II is a mutual fund. The Company invests in a portfolio of 15 dividend-yielding, Canadian companies. It offers two types of shares, a Class A and Preferred. The investment objectives with respect to the Preferred shares are to provide holders of the Preferred shares with fixed, cumulative preferential monthly cash dividends in the amount of $0.04792 per Preferred share to yield 5.75% on the $10 repayment amount and to pay the holders $10 per Preferred share. The investment objectives with respect to the Class A shares are to provide holders of the Class A shares with regular monthly cash dividends targeted to be $0.10 per Class A share. The net asset value per unit must be above the required $15 per unit threshold in order for monthly dividends to be declared, and On or about the termination date, to pay the holders the original issue price ($15) of the Class A shares. The investment manager of the Company is Quadravest Capital Management Inc.

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Dividend 15 Split Corp II > 4.11!?!? What is this?!

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Comment by birderon Mar 08, 2021 2:19pm

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Post# 32744612

RE:RE:RE:4.11!?!? What is this?!

My guestimate based on last NAV + what happened since.
Could be $4.70 - $4.90 since we don't know exactly each underlying stock and % of each and changing by the minute obviously.

If you look at top holdings since Feb 26th:
- NA +6.7%
- MFC +7.4%
- TD +5.3%
- ENB +5.5%
- RY +5.1%
- TRP +8.3%

etc...

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