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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 > DF unit nav in realtime @ $16.37
View:
Post by mouserman on Sep 26, 2024 11:29am

DF unit nav in realtime @ $16.37

Now showing a gain of 21 cents  since the mid month udpate... very stong upside sentiment today. 
Many of these split fund commons still trading at a discount, despite having well over a $ of safety above the threshhold for paying... THIS IS NOT historically  how these products are valued.
 Very strange times.... globally , not just in the North American markets.
Comment by Higherhopes2020 on Sep 26, 2024 11:35am
Yes, when interest rates were higer they were trading at premium.  Now interest rate are lower they are trading at big discount.  GIC pays 3% now.
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