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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 AnEducatoron Nov 07, 2023 9:06am
158 Views
Post# 35721100

RE:No change in the tiny short position in DGS

RE:No change in the tiny short position in DGSPeople should understand the importance of what you've pointed out, MM. I don't have a position in DGS, but if I were long, I would hope to see a large short position as it would offer some downside support during market declines as shorts cover their positions.

Conversely, when I was short several months ago, it was disconcerting to see such large short positions and it offers at least a partial explanation as to why it took so long for the premium to finally dissipate.
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