Dividend 15 Split Corp II T.DF

Alternate Symbol(s): T.DF.PR.A | DVDDF

Financial Services Asset Management

Dividend 15 Split Corp. II is a mutual fund. The Company invests in a portfolio of 15 dividend-yielding, Canadian companies. It offers two types of shares, a Class A and Preferred. The investment objectives with respect to the Preferred shares are to provide holders of the Preferred shares with fixed, cumulative preferential monthly cash dividends in the amount of $0.04792 per Preferred share to yield 5.75% on the $10 repayment amount and to pay the holders $10 per Preferred share. The investment objectives with respect to the Class A shares are to provide holders of the Class A shares with regular monthly cash dividends targeted to be $0.10 per Class A share. The net asset value per unit must be above the required $15 per unit threshold in order for monthly dividends to be declared, and On or about the termination date, to pay the holders the original issue price ($15) of the Class A shares. The investment manager of the Company is Quadravest Capital Management Inc.

TSX:DF - Post by User

Dividend 15 Split Corp II > Official NAV for september 30 is $16.26

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Post by mkqtraderon Oct 02, 2024 5:54pm

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Post# 36250754

Official NAV for september 30 is $16.26

Quadravest has been incredibly fast this month with the release of the official NAV, which is set to $16.26.
My spreadsheet was showing a value of $16.24978 after distribution, with the difference due to the weight change for Suncore, jumped from 11th position to 9th, going ahead of TD and BMO
I am now waiting for the rest of the updates to adjust my spreadsheet.

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