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

Dividend Growth Split Corp > DGS unit nav drops to $16.03 to Aug 29

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Comment by mousermanon Aug 29, 2022 11:11pm

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Post# 34928636

RE:RE:DGS unit nav drops to $16.03 to Aug 29

While most ( if not all ) of the other split funds since the midmonth report have had quite losses, DGS has hung in there very well , probably mostly due to a higher energy % of stocks in the top 10 and not as much financials. But yes, i am thinking of reducing as well as i DONT see much good happening if the BOC and US FED make a big increase in interest rates.

Bagobags wrote:
Hey mouser,
I just wanted to thank you for the information that you post on DGS.

I've been holding a position here since $3.49 (ABC) and I think maybe it's time to take profits and wait for a correction back to $5

Anyone have thoughts on this, I don't see us getting higher anytime soon and I think we're likely to see the NAV erode over the next 6-12 months