Dividend 15 Split Corp T.DFN

Alternate Symbol(s): DFNPF | T.DFN.PR.A | DVSPF

Dividend 15 Split Corp. is a Canada-based mutual fund, which invests primarily in a portfolio of dividend yielding common shares, which includes approximately 15 Canadian companies. It offers two types of shares, including Preferred shares and Class A shares. Its investment objectives with respect to Preferred Shares are to provide holders with fixed cumulative preferential monthly cash dividends in an amount of $0.04583 per Preferred share to yield 5.5% per annum on the $10 repayment amount and to return the $10 repayment amount to their holders on the termination date. Its investment objectives with respect to Class A Shares are to provide holders with regular monthly cash distribution targeted to be $0.10 per Class A share and return the original issue price to their holders on the termination date. The net asset value per unit must remain above the required $15 per unit threshold for distributions to be declared. Its investment manager is Quadravest Capital Management Inc.

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Dividend 15 Split Corp > This Is A Slow Moving Train Wreck

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Comment by flamingogoldon Oct 20, 2023 7:59pm

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Post# 35694088

RE:RE:RE:RE:RE:This Is A Slow Moving Train Wreck

Tax loss season is approaching so that may provide an opportunity too

1condor wrote: flamingogold...I doubt we will see the VIX over 35 this time around. We would need something to really break to get there...currently we already have a lot broken with a VIX of only around 20. Not saying it wont happen but not very likely. I expect a very good trade is going to materialize by month end..especially for the banking sector. I intend to be onboard (not just with DFN) when this occurs.

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