Dividend 15 Split Corp T.DFN

DFN unit nav in realtime @ $16.12

[mouserman]

Showing a gain of 37 cents since AUG 30 and last trade @ $5.64 leaves a discount of 48 cents  OR...about 7.8 %. Commons should have a value of $6.12. Historically when DFN  had this high of UNIT NAV print the commons would be trading above 7$ usually with around a 20% premium. Those days are apparently gone.

[kurtwalter]

If you had to choose between LFE and DFN, which would you choose, and why? TIA!

[person2145]

Maybe DFN just because the i like what they have in their portfolio, seems more stable . i'm not very experienced in the matetr

[mouserman]

I like the LIFECOS fundamentals as well as any business, as does  Warren BUFFET...he sold  a lot of APPLE and BAC and bought CHUBB insurance and is sitting on a lot of treasury notes. He owns a couple more Insurers as well. DFN is fairly diversified and has some exposure to lifecos as well, with MFC and SLF.. Cant say i could pick one over the other. Lifceos have been the strongest

[Allah_says_BUY]

Maybe.  Or we just have to wait until interest rates have fallen enough that dividend stocks and funds are worth buying again for the crowd that's moved so much money into GICs and the like over the last 2 years.

[mouserman]

GIC s dont interest me at all, barely keep up with the real inflation rate... in a year how much have things gone up...  imo, more than what a GIC pays. Even lowest paying split funds like LBS , BK , DGS   pay over 15% and are much more liquid...  AND YOU DONT have to lock in, during uncertain economic times.

[person2145]

This is my thought process as well