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

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

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

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TSX:FTN - Post Discussion

Financial 15 Split Corp > FTN unit nav in realtime @ 16.05

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Post by mouserman on Oct 18, 2023 2:18pm

FTN unit nav in realtime @ 16.05

So after a day up, its now down day, and FTN is even with the update given on Friday the 13th. Some of that help comes from the USD gains vs CAD, as some rush for safety of the US $ today.
Premium now is very tiny on FTN, seems most do not want to buy for the big dsitribution this month.
last trade @ 6.43 means the premium is now only about 38 cents or less than 6.3%.
Yield is now @ 23.4%

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