Dividend Growth Split Corp T.DGS

NAV May 3

[AnEducator]

~$14.97. Closing premium on capital shares: ~$0.61.

A reasonably strong outperformance in the face of an increasingly negative environment resulted in an increase in the premium that I already consider overinflated. The unit NAV is now ~$0.27 underwater and needs to rise by ~1.47% to achieve the payment threshold.

[AnEducator]

Correction: The unit NAV needs to rise by ~1.80% to achieve the $15.24 payment threshold.

[mouserman]

Not doing it today, altho some hopeful investors are bidding up the stock. Meanwhile LCS with a valuation over a buck higher gets dumped. Risk on atttiudes.

[AnEducator]

I don't believe I will ever fully understand the logic behind the premiums/discounts attributed to split funds. Perhaps there are too many cross-currents, with significant short-covering and investors terrified of missing the bottom providing ongoing support even on negative days. In any case, DGS does have an enviable distribution record. The underlying metrics indicate, however, that their

[Mmb060]

If you look thru Yahoo comments, youll see the comments from the buyers !   They are after the distribution!    Most dont understand leverage, etc.