Bullboard - Stock Discussion Forum Dividend Select 15 Corp T.DS

Alternate Symbol(s): DVVDF

The Companys investment objectives are to provide holders of the Shares of the Company (Shareholders) with (i) monthly cash distributions, plus (ii) the opportunity for capital appreciation, through investment in the common shares of the Portfolio Companies. The Company has been created to provide investors with an opportunity to invest in a portfolio (the Portfolio) of 15 Canadian companies... see more

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Dividend Select 15 Corp > adding some DS here

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Post by mouserman on Dec 13, 2019 2:52pm

adding some DS here

As things swing into the new year, i am looking for safety and Ds fits the bill. Pays about 10 % every month , but very thinly traded so its a swing trade or hold.
It does not have the negative possibility of split funds where they can miss distributions if the UNIT NAV falls too low.

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Comment by mouserman on Dec 13, 2019 3:11pm

I forgot to add, that while the top 7 in DS are flat today, the bottom 9 or so stocks in the fund are having a major up day today, led by POW which is up nearly 8%, and TA also having a big day up nearly 5%. The bottom 9 are up over 2.4 % as a group today, so adding about 6 or 7 cents to the UNIT NAV just today.

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