First Asset Diversified Convertible Debenture Fund

Investment Objectives

September 12, 2018 - First Asset Announces Unitholder Meetings for Convertible Debenture Closed-End Funds.
Meeting Materials will be available in the Documents section of this webpage on or about September 21, 2018.

First Asset Diversified Convertible Debenture Fund provides Unitholders with quarterly cash distributions and the opportunity for capital appreciation. The Fund´s strategy will be to invest on an actively managed basis, in a diversified portfolio comprised primarily of Convertible Debentures of Canadian and US issuers.

 1m3m6mYTD1y2y3y4y5y10ySI
DCD.UN 1.85%2.58%6.17%5.31%8.02%7.29%8.81%4.12%5.90%5.20%4.59%
Benchmark-0.82%2.02%6.94%2.27%10.10%8.66%8.66%4.04%8.30%4.75%4.79%
As at: 31 Aug 2018 and since mandate change 19 Feb 2007 - Benchmark: S&P/TSX Composite Index (Total Return)

 

Sector Breakdown

As at 31 August 2018

The indicated rates of return are the historical annual compounded total returns, including changes in unit value and do not take into account sales, redemption or optional charges or income taxes payable by a security holder that would have reduced returns.


The S&P/TSX Composite Index is a capitalization-weighted index designed to measure market activity of stocks listed on the Toronto Stock Exchange. This index is used as a benchmark to help you understand the Fund`s performance relative to the general performance of broader Canadian equity market.

Top holdings

CouponMaturity% Weighting
Tricon Capital Group Inc5.60%31 Mar 205.2
Cardinal Energy Ltd5.50%31 Dec 204.8
Timbercreek Financial Corp5.40%31 Jul 214.4
Goeasy Ltd5.75%31 Jul 224.2
Kelt Exploration Ltd5.00%31 May 214.2
Pembina Pipeline Corp5.75%31 Dec 183.9
Pure Multi-family Reit Lp6.50%30 Sep 203.8
Chemtrade Logistics Income Fd4.75%31 May 243.8
Invesque Inc5.00%31 Jan 223.6
Northland Power Inc5.00%30 Jun 193.6
As at 31 August 2018

Distributions

Distribution details (.csv)
DCD.UNTotalCashReinvestedEligible dividendsNon eligible dividendsOther incomeCapital GainsReturn of capitalForeign IncomeForeign tax paid
SI$13.48000$13.48000-$0.14817-$0.58323-$12.03756$0.05231$0.00127
2018 +$0.66000$0.66000--------
28-Sep$0.22000$0.22000--------
29-Jun$0.22000$0.22000--------
29-Mar$0.22000$0.22000--------
2017 +$1.12000$1.12000-$0.08449-$0.36579-$0.61868$0.05231$0.00127
29-Dec$0.30000$0.30000-$0.02263-$0.09798-$0.16572$0.01401$0.00034
29-Sep$0.22000$0.22000-$0.01660-$0.07185-$0.12152$0.01028$0.00025
30-Jun$0.30000$0.30000-$0.02263-$0.09798-$0.16572$0.01401$0.00034
31-Mar$0.30000$0.30000-$0.02263-$0.09798-$0.16572$0.01401$0.00034
2016 +$1.20000$1.20000-$0.06368-$0.06028-$1.07604--
30-Dec$0.30000$0.30000-$0.01592-$0.01507-$0.26901--
30-Sep$0.30000$0.30000-$0.01592-$0.01507-$0.26901--
30-Jun$0.30000$0.30000-$0.01592-$0.01507-$0.26901--
31-Mar$0.30000$0.30000-$0.01592-$0.01507-$0.26901--
2015 +$1.20000$1.20000-----$1.20000--
31-Dec$0.30000$0.30000-----$0.30000--
30-Sep$0.30000$0.30000-----$0.30000--
30-Jun$0.30000$0.30000-----$0.30000--
31-Mar$0.30000$0.30000-----$0.30000--
2014 +$1.20000$1.20000-----$1.20000--
31-Dec$0.30000$0.30000-----$0.30000--
30-Sep$0.30000$0.30000-----$0.30000--
30-Jun$0.30000$0.30000-----$0.30000--
31-Mar$0.30000$0.30000-----$0.30000--
2013 +$1.20000$1.20000-----$1.20000--
31-Dec$0.30000$0.30000-----$0.30000--
30-Sep$0.30000$0.30000-----$0.30000--
28-Jun$0.30000$0.30000-----$0.30000--
28-Mar$0.30000$0.30000-----$0.30000--
2012 +$1.20000$1.20000-----$1.20000--
31-Dec$0.30000$0.30000-----$0.30000--
28-Sep$0.30000$0.30000-----$0.30000--
29-Jun$0.30000$0.30000-----$0.30000--
30-Mar$0.30000$0.30000-----$0.30000--
2011 +$1.20000$1.20000-----$1.20000--
30-Dec$0.30000$0.30000-----$0.30000--
30-Sep$0.30000$0.30000-----$0.30000--
30-Jun$0.30000$0.30000-----$0.30000--
31-Mar$0.30000$0.30000-----$0.30000--
2010 +$1.20000$1.20000---$0.15716-$1.04284--
31-Dec$0.30000$0.30000---$0.03929-$0.26071--
30-Sep$0.30000$0.30000---$0.03929-$0.26071--
30-Jun$0.30000$0.30000---$0.03929-$0.26071--
31-Mar$0.30000$0.30000---$0.03929-$0.26071--
2009 +$1.20000$1.20000-----$1.20000--
31-Dec$0.30000$0.30000-----$0.30000--
30-Sep$0.30000$0.30000-----$0.30000--
30-Jun$0.30000$0.30000-----$0.30000--
31-Mar$0.30000$0.30000-----$0.30000--
2008 +$1.20000$1.20000-----$1.20000--
31-Dec$0.30000$0.30000-----$0.30000--
30-Sep$0.30000$0.30000-----$0.30000--
30-Jun$0.30000$0.30000-----$0.30000--
31-Mar$0.30000$0.30000-----$0.30000--
2007 +$0.90000$0.90000-----$0.90000--
31-Dec$0.30000$0.30000-----$0.30000--
28-Sep$0.30000$0.30000-----$0.30000--
29-Jun$0.30000$0.30000-----$0.30000--

(1) Future distribution dates may be amended at any time. (2) Reinvested distributions are not paid in cash but instead remain invested in the Fund. To recognize that these distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. (3) The characterization of distributions for tax purposes (such as dividends/other income/capital gains etc.) will not be known for certain until after the Fund's tax year end. Therefore investors will be informed of the characterization of the amounts distributed for tax purposes only for the entire year and not with each distribution. For tax purposes these amounts will be reported by brokers on official tax statements.

News

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