Investment Trust Dividends

Change to the Snowball

The current pair trade, where a lower yielding share is pair traded with a higher yielding share to maintain a blended yield of 7%, is TMPL.

I intend to switch in the near term the holding into BRAI yielding 6%, as the Snowball is currently underweight with America.

The Snowball has accrued 3k into TMPL, so after the switch if BRAI fell the Snowball would get more shares for its money although the dividend of 6% is based on the NAV, so the actual income could fall in the near term.

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