I too am curious. I re-read the pds .15% management fee spread over the year that's not a factor. Divvys depend on pay date to increase NAV not ex Div date? I might have to re-read - I've always wondered if after a big round of companies go ex-div then a whole lot of people buy VAS if they get a free lunch in that they buy VAS cheaper (buying shares ex-div price) then get to share in the full distribution when NAV increases when divs paid? Number of units increased 4% this month so not a big effect? Not 100% sure that's how it works.
Div's pay dates of bigger companies not that much different to previous years, like we miss several banks get Div's paid start of July. I'm hoping as was an estimate its just off but I guess the last distribution we got was a little higher too. If it doesn't change I'll look into it further as on a percentage basis a very big change (minus 0.04ish management fee for 3 months)
Anyone else any suggestions?
VAS Price at posting:
$67.97 Sentiment: Buy Disclosure: Held
