AIMS DRP (Aug-Sept 2012)

Some time ago, I posted an article on the optimal number of units to apply:
AIMS DRP: The optimal number of units to apply?

In the article, I showed some calculations for investors to get the most out of the distribution reinvestment plan (DRP). It has been about 3 months since then and the DRP has been offered for the current quarter.

For the DRP this round,
DPU: $0.025
issue price: $1.2421
Last done price: $1.275

The amount of DRP units allocated can be calculated using the formula below:
N = (S * D) / V

N is the number of DRP units to be allotted and issued.
S is the number of participating units held participating in the DRP
D is the qualifying distribution per unit. In this case, it is 0.025
V is the issue price of the DRP unit. In this case it is 1.2421

N will be rounded down. Any fractional entitlements will be disregarded.

If you are intending to participate in this round's DRP, you may want to perform some calculations for your optimal number of units. I have provided the number of units required for participation in the DRP for the units you would like to get (in multiple of 50s) here:

 

number of units	units to take part in DRP
50	2485
100	4969
150	7453
200	9937
250	12421
300	14906
350	17390
400	19874
450	22358
500	24842

I will be participating in this quarter's DRP.