Dream Impact 5 50 Convertible Unsecured Subordinated Debentures T.MPCT.DB

Alternate Symbol(s): T.MPCT.DB.A

Dream Impact Trust is a Canada-based open-ended trust dedicated to impact investing. The Company operates through two segments: Development and investment holdings, and recurring income. The Development and investment holdings segment comprised direct and indirect investments in residential and mixed-use developments, a hospitality asset, and participating mortgage receivables. The Recurring income segment comprised a portfolio of commercial real estate income properties and multi-family rental assets in the Greater Toronto Area (GTA) and Ottawa/Gatineau, a utility asset, and interest-paying corporate loans. The Company is managed by Dream Asset Management Corporation (DAM).

TSX:MPCT.DB - Post by User

Dream Impact 5 50 Convertible Unsecured Subordinated Debentures > q3

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Comment by JosephM1on Nov 06, 2023 8:28pm

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Post# 35720567

RE:q3

Certainly at this level unit price, at 78% discount to NAV, it is all about the discount for me. The distriubtion was cut 60% in Feb 2023. Not likely to cut again. But do not buy Dream Impact for the distribution, it is all about buying a 1 for 22 cents.

If anything, Dream unlimited willl take it under it's umbrella for around 15 per unit, seen this many times before. You may not have a longer view but they do, and they will be out with a offer to take it off the market.

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