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Bullboard - Stock Discussion Forum 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... see more

TSX:DF - Post Discussion

Dividend 15 Split Corp II > DO these buyers not track the holdings?
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Post by mouserman on Nov 17, 2022 3:17pm

DO these buyers not track the holdings?

Not sure what is going thru the minds of buyers  today. DF is nowhere close to 15$ threshhold and  value is still  stagnant at around  $14.55 or so for the UNITS. 
I have been buying DGS, a much better value today, with a yield of 20% and 14 of the top 25 holdings up.  Safely above the 15 .50 UNIT NAV as it stands today.
Comment by jeanstk on Nov 17, 2022 3:36pm
May not have the NAV this month but when it does, if you bought it cheep now it will payoff later, maybe as soon as next month! You get more shares for your dollars... equals more dividend. One does not need to have a mouserman high accounting skill level to figure that out. (No spreadsheet required) ;)
Comment by mouserman on Nov 17, 2022 4:37pm
 Yes good plan, i heard that same plan a few other  times in the past 6 months, and the UNIT NAV was closer  to 15$ then . Usually these underwater split funds trade at a DISCOUNT, not a premium when they are 40 cents+ under the cutline for paying. It has NOTHING to do with TA , these trade on value. Let me just say , you are not investing , you are gambling. AND the timing sucks ...more  
Comment by EdPaquette on Nov 20, 2022 6:44am
DF currently stands for dumpster fire.  Throwing money in seems pointless.   LCS has a similar nav but is available at a discount.  Tax loss selling will hold everything down for a month. 
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