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Bullboard - Stock Discussion Forum Financial 15 Split Corp T.FTN

Alternate Symbol(s):  T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 6.75... see more

TSX:FTN - Post Discussion

Financial 15 Split Corp > FTN unit nav to May 19 = approx: $ 17.20
View:
Post by mouserman on May 19, 2023 4:23pm

FTN unit nav to May 19 = approx: $ 17.20

FTN still showing a gain of about 10 cents since the update on the 15th.... but some profittaking particularly inthe banks both sides of the border, knocked the gains back down a bit.
With the close @$8.78, the premium is about $1.58 before distributions,  which arent small at around 19 cents monthly. Premium works out to  22% before dist.
Comment by Kai2018 on May 20, 2023 12:12pm
Thank you for all your work to keep us informed with the NAV 
Comment by Pesyk1 on May 23, 2023 11:13am
Mouserman !  Thank you for your continued help on the NAV, on a daily basis. Very much appreciated .
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