Bullboard - Stock Discussion Forum Dividend 15 Split Corp T.DFN

Alternate Symbol(s): DFNPF | T.DFN.PR.A | DVSPF

Dividend 15 Split Corp. is a Canada-based mutual fund, which invests primarily in a portfolio of dividend yielding common shares, which includes approximately 15 Canadian companies. It offers two types of shares, including Preferred shares and Class A shares. Its investment objectives with respect to Preferred Shares are to provide holders with fixed cumulative preferential monthly cash... see more

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TSX:DFN - Post Discussion

Dividend 15 Split Corp > DFN unit nav to DEC 6 = approx: $14.83

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Post by mouserman on Dec 06, 2023 4:59pm

DFN unit nav to DEC 6 = approx: $14.83

Started out the day strong but really saw some selling late in the day. SU down the biggest @ 5.5%

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Comment by BillCanada on Dec 06, 2023 5:19pm

I believe SU is no longer a holding in DFN. Holdings Sorted by weight as at November 30, 2023 Royal Bank of Canada Toronto-Dominion Bank Manulife Financial Corp TC Energy Corp Sun Life Financial Inc BCE Inc Bank of Montreal Thomson Reuters Corp Canadian Imperial Bank of Commerce Enbridge Inc Bank of Nova Scotia National Bank of Canada Telus Corp TransAlta Corp Loblaw ...more

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Comment by AnEducator on Dec 06, 2023 7:05pm

Suncor is no longer in the top 15, but is likely still held in the fund at number 16 or thereabouts. I have the same closing NAV as MM at ~$14.83. So we are still short by ~1.21% to achieve payment status. The discount on the capital shares has plunged to just $0.27.

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