Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Citadel Income Fund T.CTF.UN

Alternate Symbol(s):  CTFUF

Citadel Income Fund (the Fund) is a Canada-based closed-end investment trust. The Fund’s investment objectives are to provide its Unitholders with a stable stream of monthly distributions and to preserve and potentially enhance the Net Asset Value (NAV) of the Fund. It seeks to achieve these objectives by investing in a diversified portfolio (the Portfolio) of securities (the Portfolio... see more

Bullboard (TSX:CTF.UN)

View:
Post by mcdok0on Dec 07, 2016 4:08pm

UP as i predicded

I predicted this would go up.....dividend on higher NAV, net asset value going up and free redemption... i call them as i see them.... Nav is going up steady here  4.50 and will be posting ...more  
Comment by VerusSemperSorson Aug 14, 2014 12:06pm

RE:New CSA Rules

you are quite right - this investment is going up, up, up - and for good reasons. Upcoming redemption, large discount to NAV have been highlighted here. Re. not issuing shares at less than NAV, I didn ...more  
Post by mcdok0on Aug 13, 2014 9:52pm

New CSA Rules

There are new rules for close end mutual funds that they can not issues shares less than the NAV. This is going to help existing share holders and stock closed end fund from getting access to cash in ...more  
Post by VerusSemperSorson Jul 08, 2014 1:37pm

2013 Special Retraction was announced Sept 18th, 2013 - 2014

coming soon... @$4.75 NAV (as of Friday 4 July 2014) the net retraction price would be within a few pennies of $4.50 - almost a full $1 over the current SP!
Post by mcdok0on Jul 03, 2014 3:05pm

Bullish overall ...stockta.com

Bullish overall / https://www.stockta.com/cgi-bin/analysis.pl?symb=CTF.UN.C&cobrand=&mode=stock
Post by mcdok0on Jul 03, 2014 3:02pm

Closed end equity funds in US trade at a -7.35 discount

www.cefa.com this fund is trading at at HUGE DISCOUNT Nav 4.72 price 3.50 25.84% discount good low yield free redemption on 10% of shares at higher price good low risk diversified portfolio
Post by VerusSemperSorson Jun 03, 2014 12:57pm

Q1 2014 portfolio: What's not to like here? GLTA!

  TOP 25 HOLDINGS Position %of Total Assets % of Total Assets 1. TORONTO DOMINION BANK 5.27 2. ROYAL BANK OF CANADA 4.85 3. BANK NOVA SCOTIA 4.03 4 ...more  
Comment by mcdok0on May 29, 2014 8:19am

RE:management expense ratio of 9.27%

32% turnover was due to the new management not having the same investment philosophy as the old managers....relax..  I am impressed that the nav is going up steadily now. 
Comment by mcdok0on May 29, 2014 8:17am

RE:RE:management expense ratio of 9.27%

Dont dwell on one time extreme high MER expenses...they had to get rid of old management at Citadel, that messed up this investment with a high income.
Comment by BuenaSuertaAtodon May 07, 2014 3:00pm

RE:management expense ratio of 9.27%

Risky, That MER was a 1-time event having to do with the change of fund managers. The MER is normally a fraction of that. Of course, the right time for a 9.27% MER is NEVER - and it no doubt has ...more  
Post by riskymoneyon May 06, 2014 3:54pm

management expense ratio of 9.27%

MER for 2013 was 9.27% Portfolio turnover ratio of 32.45% Are you kidding me???
Post by ChupacabraBuenoon May 05, 2014 4:26pm

NAV $4.72 - Are there any other closed funds out there with

discout to NAV this large? (SP $3.32 - 29.66%). I've been looking and Urbana is the only other fund I've found with this size of discount. GLTA. 
Comment by ChupacabraBuenoon Apr 28, 2014 4:09pm

RE:Fund objectives

I'm sure that management would claim that cutting the div to preserve capital was not unilateral - as is clear from this BB, some investors were asking them to do just that. Still it was a ...more  
Post by riskymoneyon Apr 28, 2014 9:46am

Fund objectives

I would like to know how the investment manager can unilaterally change the funds objective. This is an income fund. It suppose to pay high monthly income. If you are worried about capital ...more  
Post by HomerAndCompanyon Apr 23, 2014 12:33pm

NAV $4.69, discount ~29%, portfolio as of 2014:

TD, Royal Bank, a basket of quality Canadian bonds, BNS, CIBC, Thomson Reuters, Manulife, Teck Resources, CNR, POT, CNQ, Major Drilling International, Encana, J&J, BCE, HSBC, Inter Pipeline, Great ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities