Canadian Banc Corp T.BK

Alternate Symbol(s): T.BK.P.A | CNDCF

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per annum equal to the Prime Rate plus 2.0%, with a minimum targeted annual rate of 5.0% and a maximum targeted annual rate of 10.0% and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.

TSX:BK - Post by User

Canadian Banc Corp > FTN unit nav in real-time @$15.66

<< Previous

Bullboard Posts

Next >>

Post by mousermanon Oct 23, 2023 1:01pm

114 Views

Post# 35696589

FTN unit nav in real-time @$15.66

Spreadsheet showing a loss of 39 cents since the OCT 13 update. Not sure if cash has changed or weightings.. will know more after the update in the frist week of Novemeber. Sold off my remaining FTN (small position 2k) at a loss today, as I was happy to get the current price after the early selling today.

<< Previous

Bullboard Posts

Next >>

Mullen Group: Navigates market challenges towards success