Dividend 15 Split Corp. II has released its Annual Report to November 30, 2010.
| DF / DF.PR.A Performance |
| Instrument |
One
Year |
Three
Years |
Since
Inception |
| Whole Unit |
+12.20% |
-2.34% |
-0.29% |
| DF.PR.A |
+5.38% |
+5.38% |
+5.38% |
| DF |
+23.41% |
-8.89% |
-5.24% |
| S&P/TSX 60 Index |
+11.88% |
+0.31% |
+3.98% |
Using the S&P TSX 60 index rather than “Dividend Aristocrats” seems a little odd to me – but we’ll let them choose their benchmark!
Figures of interest are:
MER: 1.23% of the whole unit value
Average Net Assets: We need this to calculate portfolio yield. No change in Number of Units Outstanding, so the Net Assets figure for the whole corporation can be used: $84.2-million
Underlying Portfolio Yield: Dividends received (net of withholding) of 3,239,572 divided by average net assets of 84.2-million is 3.85%
Income Coverage: Net Investment Income of 2,210,176 divided by Preferred Share Distributions of 2,655,975 is 83%.
This entry was posted on Sunday, April 10th, 2011 at 2:39 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
DF.PR.A Annual Report
Dividend 15 Split Corp. II has released its Annual Report to November 30, 2010.
Year
Years
Inception
Using the S&P TSX 60 index rather than “Dividend Aristocrats” seems a little odd to me – but we’ll let them choose their benchmark!
Figures of interest are:
MER: 1.23% of the whole unit value
Average Net Assets: We need this to calculate portfolio yield. No change in Number of Units Outstanding, so the Net Assets figure for the whole corporation can be used: $84.2-million
Underlying Portfolio Yield: Dividends received (net of withholding) of 3,239,572 divided by average net assets of 84.2-million is 3.85%
Income Coverage: Net Investment Income of 2,210,176 divided by Preferred Share Distributions of 2,655,975 is 83%.
This entry was posted on Sunday, April 10th, 2011 at 2:39 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.