Post by
oldbrit34 on Oct 05, 2023 7:41pm
Flying under the radar ?
The strong recent pullback in the Splits has produce a number of stocks who deserve a closer look. I believe GDV is such a one for it has 4 strong reasons for split fans to look at it. 1 The fund appears to have a good diversified portolio from several different market sectors. So its not the usual financials and lifeco's. 2. As at October 5th its dividend yield is 15.15%. 3. The premium is only 8%. I think most of us would consider this to be a small premium in the Splits sector. 4. On October 4th Brompton reported its Nav as $7.29. So there is a healthy surplus to keep paying dividends The funds total assets are $283 million but its daily trading is low from under 10,000 to around 40,000 shares. It could be that the low daily trading holds it back .
Comment by
mouserman on Oct 22, 2023 11:28am
GDV was holding up well until the last few days. Friday there was one stock in green, and the top 10 holdings were down about 2 % , worst was the top 6... MSFT (-1.4%) AAPL (-2.58%) AJG (-3.56%) IMO (-1.9%) AFL (-2.5%) Shneider Electric (-2.35%) Very difficult to track an exact NAV... BUT, i would say they lost at least 25 cents on friday..