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.

TSX:DF - Post by User

Dividend 15 Split Corp II > DF unit nav to April 09 = APPROX: 15.02

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Comment by mousermanon Apr 12, 2021 5:35pm

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Post# 32982068

RE:RE:RE:DF unit nav to April 09 = APPROX: 15.02

It is not an exact science, its a bit of guesswork using the weightings posted by Quadravest and using historical % of NAV.
SO we multiply the % gain/loss, by the estimated value of each stock to get a monetary gain or loss.
Add them up and we get the gain since the last update.
it will be within a few pennies.