Financial 15 Split Corp T.FTN

Question on Fund Updates

[JimBoSS]

I am looking at the fund updates for DFN & FTN this morning. On the FTN update they list current yeilds for both FTN and FTN.PR.A. On the DFN update they only list yeild for DFN.PR.A and nothing for the A shares. Is there a reason for this?

Also, how are they calculating yield? They state the yield for FTN.PR.A as being 7.41%. When I calculate it I get 9.11%. I use dividend divided by stock price which works when I calculate FTN. What am I missing?

[mouserman]

Quadravest wont update the NAvs  until the first week of February. And for up to date yields , best to use stockwatch. Here is a paste from SWatch Company Stock Issues - DIVIDEND 15 SPLIT CORP. CL 'A' Symbol Type Name DFN Equity DIVIDEND 15 SPLIT CORP. CL 'A'

[JimBoSS]

Thanks for this, but I still don't know why they list a yield if it is not acurate. I was just trying to understand why there was a difference from my spreadshhets and their offical documents.

[mouserman]

 It is  almost impossible to keep accurate spreadsheets with the holdings % only given twice a year. Quadravest is terrible  at keeping investors informed. And they only post yield once a month in the full update.

[BLOODTHIRSTY]

You are looking at documents dated December 29, 2023.  They would reflect that not today.