Dividend 15 Split Corp II T.DF

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

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.

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Dividend 15 Split Corp II

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Post by mousermanon Nov 19, 2024 4:30pm

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Post# 36320496

DF unit nav to Nov 19 is unchanged @ $16.91

Still showing a gain of 3 pennies since the 15th of NOV.... so DF commons still are valued @ $6.91 and are still 21 cents higher valued than DFN which closed the day also at 6.37... SO very obvious that DF has the better mix of the exact same stocks that are in DFN., as over the past few months DF unit nav has risen a lot more than DFN 's .
Discount in DF commons is now 54 cents or about 7.8%..

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