Dividend 15 Split Corp T.DFN

DFN unit nav to DEC 18 = approx; $16.45

[mouserman]

Spreadsheet showing a loss of 29 cents since the DEC 13th update... big dump day on the markets after the FED speak rattled the markets and produced some fear.
Last sale at  $6.09 makes the discount only 36 cents or about 5.5%

[DanRiffs7]

Good buying opportunity?

[mouserman]

Not for me.... DF is better . And really dont se the markets rebounding in a big way in the next week or so.

[FatTraderDude01]

DF may be better on paper but DFN has a much highe market Cap and a lower Beta than DF. I also see DFN avg daily trade volume higher... good and bad. I'm curious why you consistently favour DF over DFN?

[FatTraderDude01]

...DFN market cap over DF is 5.2 times higher.  Are you telling us that multiple is justified in DF? Granted, DFN is "traded" with put options affecting sp.

[NoShoesNoShirt]

Part of the reason why DFN is overvalued is it has more long-term holders because it has been a more reliable payer. That was the past, and it reverses in the future. DF will now be a more reliable dividend.

[mouserman]

Its a thing called NAV..(actual value ). DF has a higher NAV per share than DFN... Does NOT Matter with split funds how big the market cap is.  That is a value of all the shares. Was not long ago that DFN was 2 $ higher UNIT NAV  than DF..  so tell me why did DF catch up and pass DFN... with the exact same 20 stocks in the fund.

[FatTraderDude01]

The average buyer of DFN probably doesn't visit SH for daily NAV updates. Market Cap and average daily volumes of DFN show a healthy liquidity.  I can easily trade 50,000 shares most times.  As mentioned it also attracts short sellers. DFN is more popular than DF for a reason, the beta is lower with DFN someone would assume it has less volatility. I note today DFN and DF are at the

[mouserman]

It will factor in when DFN drops below 15$ threshhold before DF.. they are tanking in UNIT NAV again today. But whatever floats your boat. I am not in either, mostly in cash and a few in FTN and some others  that are safe for distributions for a while.

[FatTraderDude01]

Yet today DFN and DF continue to rise at the same rate,  despite NAV valuations.  It's a health metric but not necessarily useful for speculative trading well above the $16 threshold. IMO DO you work for Quadravest?

[NoShoesNoShirt]

Fattraderdude, you will get skinny in DFN over DF. 

[HRc60to65]

The average buyer of DFN probably doesn't visit SH for daily NAV updates. What is the adress or link of SH ? Thanks

[DanRiffs7]

I believe SH is this site "StockHouse".  Probably referring to MouserMan's daily NAV guestimate posts on this forum. He's a very helpful individual.