RE:Market Toppicks1 wrote: As of late seems to disagree with you as FTN been stronger then BK. Time will tell as alway thanks for your opinion. If the US ever thinks that the fed may cut rates which I don't think they will. It's just if the talking heads promote that senecio the us banks will fly hence so will FTN.
FTN commons share price has risen, but the UNIT NAV has not. When the monthend report comes, FTN will be down since the 15th of NOV.... if this action continues or is even flat for the last few days of the month. BK will lower distributions to commons as the UNITR NAV fassl , FTN will not. And that is NOT good news for FTN common share holders. Collected dividends from holdings barely pay the preffereds, and maybe even a bit short of paying them... so without capital gains for paying the common shares, FTN UNIT NAV could drop really fast in the coming months.