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

Alternate Symbol(s): T.FTN.P.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

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Financial 15 Split Corp > Hot CPI NUMBERS

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Post by Golferman on Apr 10, 2024 8:41am

Hot CPI NUMBERS

The CPI numbers where up more then the street expected. Could be a rough couple of days for FTN's NAV

Golferman

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Comment by Golferman on Apr 10, 2024 9:51am

I believe we are now around the $18.00 NAV for FTN...... we are now trading at a premium. Golferman

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Comment by mouserman on Apr 10, 2024 9:54am

From the WSJ Stocks fell and government bond yields rose after the latest inflation reading came in hotter than Wall Street expected. The consumer-price index rose 0.4% in March and 3.5% on an annual basis—economists had expected 0.3% and 3.4%. Core CPI, which removes the volatile food and energy categories, was up 0.4% from February, topping an expected 0.3%. Inflation ...more

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