{"id":30504,"date":"2015-09-14T02:41:24","date_gmt":"2015-09-14T07:41:24","guid":{"rendered":"http:\/\/prefblog.com\/?p=30504"},"modified":"2015-09-14T02:41:24","modified_gmt":"2015-09-14T07:41:24","slug":"dgs-pr-a-semi-annual-report-2015","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=30504","title":{"rendered":"DGS.PR.A Semi-Annual Report, 2015"},"content":{"rendered":"<p>Dividend Growth Split Corp. has released its <a href=\"http:\/\/www.bromptongroup.com\/static\/pdf\/funds\/dgs\/dgs_2015_interim.pdf\">Semi-Annual Report to June 30, 2015<\/a>.<\/p>\n<p>The company is the issuer of DGS.PR.A<\/p>\n<p>Figures of interest are:<\/p>\n<p>MER: Expenses were $2,414,610 for six months on assets of $349.2-million (see below) or 1.38% p.a..<\/p>\n<p>Average Net Assets: We need this to calculate portfolio yield and MER. There were negligible capital transactions, so we&#8217;ll just take the average of the beginning and end of period assets (including preferred shares) so: (364.6-million + 349.7-million)\/2 = $357.2-million. Total preferred dividends paid were 4,965,998 at 0.525 p.a., implying an average of 18.92-million units outstanding, at an average NAVPU of (17.42 + 18.65) \/ 2 = 18.04, implying average assets of $341.3. Taking the average of two methods results in an approximate value of 349.2-million.<\/p>\n<p>Underlying Portfolio Yield: Total Income (excluding capital gains and losses) of $6.612-million semi-annually divided by average net assets of $349.2-million is 3.78% p.a..<\/p>\n<p>Income Coverage: Net income of $4.197-million (before capital gains and losses) to cover preferred dividends of $4.966-million is 85%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dividend Growth Split Corp. has released its Semi-Annual Report to June 30, 2015. The company is the issuer of DGS.PR.A Figures of interest are: MER: Expenses were $2,414,610 for six months on assets of $349.2-million &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-30504","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/30504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30504"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/30504\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}