RE:RE:RE:NAV May 3I don't believe I will ever fully understand the logic behind the premiums/discounts attributed to split funds. Perhaps there are too many cross-currents, with significant short-covering and investors terrified of missing the bottom providing ongoing support even on negative days.
In any case, DGS does have an enviable distribution record. The underlying metrics indicate, however, that their distributions are unsustainable over the long term, barring some extraordinary fund management maneuvering.
mouserman wrote: Not doing it today, altho some hopeful investors are bidding up the stock.
Meanwhile LCS with a valuation over a buck higher gets dumped. Risk on atttiudes.