Global Dividend Growth Split Corp T.GDV

Alternate Symbol(s): T.GDV.PR.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions of 0.1250 per Preferred share and to return the original issue price of 10.00 per Preferred share to Preferred shareholders on the maturity date of June 30, 2021, subject to extension for successive terms up to five years as determined by the board of directors of the Fund and to provide holders of Class A shares with regular monthly non¿cumulative cash distributions, targeted to be 0.10 per share, and the opportunity for growth in Net Asset Value per share through exposure to the Portfolio. To achieve these objectives, the Fund invests in a diversified portfolio of equity securities of large¿capitalization global dividend growth companies selected by the Manager. The Manager expects that the Fund will be invested directly, or indirectly through exchange¿traded funds, in at least 20 global dividend growth companies.

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Global Dividend Growth Split Corp > Successful Overnight Offering

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Comment by BlueGuitar1on Oct 20, 2021 11:42am

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Post# 34027118

RE:RE:RE:RE:RE:RE:RE:RE:Successful Overnight Offering

I expect that GDV will be valued at a premium to NAV. In addition, I expect price inflation to remain high in the markets and therefore a capital gains. This fund is so well diversified and global that it deserves the premium to NAV especially with the high Unit Nav. In addition, by holding GDV, we are getting some return of capital too. Therefore, you are receiving the capital gains over time. The rich are buying the Offerings and we can pick it up at a discount to what they buy it for, so why not copy them.

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