DCW Total Return Fund
The DCW Total Return Fund is a non-diversified, closed-end management investment company that trades on the NYSE under the symbol DCW. For quarterly portfolio information, download the fact sheet.
Please note: A replay of the June 16, 2009 conference call is available here.
Yield and Performance
| Price Information as of 12/31/09 | |
|---|---|
| Exchange/Ticker Symbol | NYSE: DCW |
| Net Asset Value (NAV) | $5.76 |
| Market Price (MP) | $4.68 |
| Premium/(Discount) | (18.75%) |
For the most recent price, visit bloomberg.com.
| Annualized Dividend Yield as of 12/31/09 | |
|---|---|
| NAV Yield | 2.47% |
| Market Price Yield | 3.04% |
| Performance as of 12/31/09 | |||
|---|---|---|---|
| Fund/Index | Year-to-Date | 1-Year | Since Inception (06/26/07) |
| Fund | |||
| DCW at NAV | 43.80% | 43.80% | -28.43% |
| DCW at MP | 63.95% | 63.95% | -35.35% |
Annualized dividend yield is the most recent monthly dividend expressed as an annualized percentage of net asset value/market price at month-end. The fund has adopted the policy to pay common shareholders a stable monthly distribution. In an effort to maintain a stable distribution amount, the fund may pay distributions consisting of net investment income, realized capital gains and paid-in-capital. There is no assurance that the fund will always be able to pay distributions of a particular size, or that a distribution will consist solely of net investment income and realized capital gains. These data are provided for informational purposes only. All information on the performance of the fund is historical, and, in some cases, based on a short operating period when the fund may not be fully invested, pursuant to its prospectus guidelines. Therefore, its short-term performance may be significantly different than how the fund will perform over longer periods.
Shares of closed-end funds, unlike open-end funds, are not continually offered. There is an initial public offering, and, once issued, common shares of closed-end funds are traded in the open market on a stock exchange.
Performance data quoted above is historical. Past performance is not a guarantee of future results. Current performance may be higher or lower than the performance data quoted. Total return assumes reinvestment of dividend and capital gain distributions. Principal value and investment return will fluctuate so that your shares, when redeemed, may be worth more or less than the original cost.
"DCW at NAV" reflects changes in net asset value per share and is not an indication of the performance of a shareholder's investment in the fund based on market price.