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

Add To Watchlist

TSX:DS - Post Discussion

Dividend Select 15 Corp > Quadravest states NAV at 5.87 to MARCH 30

View:

Post by mouserman on Mar 31, 2020 10:16am

Quadravest states NAV at 5.87 to MARCH 30

Trading at 5.26 today, not sure what the sellers are looking at, perhaps some FOMO on some of the split funds that a ratchetting up higher, despite their lofty valuations and lack of distributions .
Obviously DS has made some changes to the fund, as i had only estimated a gain of .11 and in fact the gain was .22 from the prior day.
At this point today DS will be over 6$ in NAV... sooner or later the market will dummy up and give DS a valuation closer to the NAV....15% discout is a bit much in a market rally for their holdings.