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  5. DFN: Hi there, Any thoughts on when DFN might resume its’ distribution? [Dividend 15 Split Corp. Class A Shares]
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Q: Hi there,

Any thoughts on when DFN might resume its’ distribution?
If and when interest rates decline do you see a return to a higher price?

Thanks.
Asked by Dave on December 04, 2023
5i Research Answer:

From the manager's website the net asset value is $14.57 (November 15). So, it is fairly close to the $15 threshold before distributions can begin. There also has been a decent financial sector rally since then, with many banks boosting their dividens. So, as far as predictions go, we think January or February, assuming markets do not collapse, may allow the distribution to return. Unit price rose nicely in November as investors looked for a bottom here.