Dividend 15 Split Corp. II has released its Annual Report to November 30, 2012.
| DF / DF.PR.A Performance |
| Instrument |
One
Year |
Three
Years |
Since
Inception |
| Whole Unit |
+10.89% |
+8.01% |
+0.91% |
| DF.PR.A |
+5.38% |
+5.38% |
+5.38% |
| DF |
+22.03% |
+12.32% |
-2.78% |
| S&P/TSX 60 Index |
+4.15% |
+3.79% |
+0.01% |
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: 1.28% of the whole unit value
Average Net Assets: We need this to calculate portfolio yield. Not much change in Number of Units Outstanding, so the average of the beginning and end of year figures can be used: $77.8-million
Underlying Portfolio Yield: Dividends received of 3,208,211 divided by average net assets of 77.8-million is 4.1%
Income Coverage: Net Investment Income of 2,216,165 divided by Preferred Share Distributions of 2,663,184 is 83%.
This entry was posted on Sunday, June 23rd, 2013 at 5:29 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed.
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DF.PR.A 2012 Annual Report
Dividend 15 Split Corp. II has released its Annual Report to November 30, 2012.
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: 1.28% of the whole unit value
Average Net Assets: We need this to calculate portfolio yield. Not much change in Number of Units Outstanding, so the average of the beginning and end of year figures can be used: $77.8-million
Underlying Portfolio Yield: Dividends received of 3,208,211 divided by average net assets of 77.8-million is 4.1%
Income Coverage: Net Investment Income of 2,216,165 divided by Preferred Share Distributions of 2,663,184 is 83%.
This entry was posted on Sunday, June 23rd, 2013 at 5:29 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.