Dividend Growth Split Corp T.DGS

Alternate Symbol(s): DDWWF | T.DGS.PR.A

Financial Services Asset Management

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.

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Dividend Growth Split Corp > Updated NAV?

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Comment by AnEducatoron Dec 20, 2023 2:21pm

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Post# 35794271

RE:RE:RE:Updated NAV?

I updated the NAV on the DFN page. Quadravest made an error in their report last night, so the NAV a few minutes ago was ~$15.16, a few cents below that of DGS.

DGS has a far more diverse portfolio with plenty of energy. It is much safer than DFN, which is much too heavily concentrated in the financials for my risk profile.

Inglewood wrote: May I query why?

What do you have as the DFN NAV? I figure they are within a nickel of each other.

DFN has a lower threshold for paying, which may not be better long term, but probably keeps some holders in this rather than DGS.

I worry about DGS energy exposure, that's really volatile.