Dividend Select 15 Corp T.DS

HSE giving some back today, but NAV up more

[mouserman]

DS now trading at a  big discount to NAV by my estimates, since the top 7 of the top 10 holdings up again today. Nav was 7.30 to Jan 17 and  7.24 after paying out the small distribution for  January.
Today down to 7.09 at the low, hard to figure the sellers thinking here. 
I suppose some thinking there are much higher yielding split funds  are paying more this month so are taking some DS off the table. 
Long term investors have gotta love buying this one at a discount to NAV. In six months the NAV will  likely boost the NAV and share price up by 25 or 30%....

[wolverine99]

Here's hoping for that outcome, I agree this early year rally has people back on the greed side of the ledger, the small Divvy's just don't seem that attractive for those wanting to hit all home runs. The old adage: slow and steady!!!

[YellowBrickRoad]

The Quadravest funds that have a variable rate (10% of price) certainly do not have the drama and the sky high yield, but they are steady payers.  The splits of BK and PDV and single units of DS and INC.UN are quite reliable.   BK is the stronger of the variable splits, PDV dropped close to the wire but the NAV has made some strong gains INC.UN trades at a huge premium

[mouserman]

Maybe have a check at quadravest website, they update DS nav almost every day. NAV was 7.30 before distributions , and 7.24 after , TO THE 17th of JAN. Today i have the NAV up another .8% as outside of HSE, correcting after the big jump yesteday, and POW down a very little , the rest of the portfolio, ( their biggest holdings ) were up nicely for the most part. I am guessing they reduced the cash

[wolverine99]

YellowBrickRoad, as always appreciate the words of wisdom and the analysis. These Variable Rate funds are nice balance of Risk/Reward, they certainly are more suited to my investment style.