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Dividend Growth Split Corp T.DGS

Alternate Symbol(s):  DDWWF | T.DGS.PR.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential, quarterly cash distributions and to return the original issue price of 10.00 per Preferred share to shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be at least 0.10 per Class A share, and the opportunity for growth in Net Asset Value per Class A share. The Fund invests, on an approximately equally weighted basis, in a portfolio consisting primarily of equity securities of Canadian dividend growth companies. In addition, the Fund may hold up to 20% of the total assets of the portfolio in global dividend growth companies for diversification and improved return potential, at the Managers discretion.


TSX:DGS - Post by User

Comment by majortom75on Jul 07, 2022 8:42am
156 Views
Post# 34807783

RE:RE:RE:Question

RE:RE:RE:QuestionThat may be true, but remember that on the way back up, if we get a V-shaped recovery, the covered calls they write at 30 delta are much more likely to go ITM which reduces the upside movement in the NAV. Best case scenario is a slowish grind back up. The fund keeps the premium from writing CCs and then they expire worthless and the fund keeps the shares.
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