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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

TSX:DFN - Post Discussion

Dividend 15 Split Corp > DFN unit nav to Nov 11 = approx; $16.68
View:
Post by mouserman on Nov 11, 2024 4:30pm

DFN unit nav to Nov 11 = approx; $16.68

Showing a gain of 46 cents  now since the full update to OCt 31... last sale at  $6.30 means the discount is 38 cents or about  5.6 %. There are several split funds  with commons much more discounted than DFN, including DF which carries a higher NAV  and bigger discount with the same stocks. FFN , FTN, LBS , and LFE  all also  have bigger discounts and more safety.
Comment by jicoop on Nov 11, 2024 4:39pm
So to dickey01 point , the discount must have grown today. Top 5 holdings from the DFN quadravest website shows : Royal Bank of Canada Canadian Imperial Bank of Commerce Manulife Financial Corp Sun Life Financial Inc TC Energy Corp Now here are the gains today for all 5 in order :  RY.TO  172.78+0.74(+0.43%) CM.TO  89.81+0.26(+0.29%) MFC.TO  45 ...more  
Comment by NoShoesNoShirt on Nov 11, 2024 8:01pm
Dickey  we are rare birds. Very few Canadians will touch split fund's, and American people aren't allowed by their government. So when I look at all the splits together, I want to own what's growing the fastest. DFN would be for me if it were the only split.