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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

Bullboard (TSX:FTN)

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Post by mousermanon May 01, 2024 4:23pm

FTN pulls back end of day UNIT NAV @ approx: $18.16

So some profittaking late in the day , as the bounce was a little too optimistic at first. FTN commons would now have a value of about $7.96..  closed at $8.06 which is a tiny  10 cent ...more  
Post by mousermanon May 01, 2024 3:10pm

FTN unit nav with an hour to go...= $18.28 before dist.

So that would value the commons at about $8.08... trading at a discount now as the sellers wonder why they sold early today...
Post by mousermanon May 01, 2024 3:02pm

Fed says next move probably not a hike

And the market took that as a positve... in fact you would swear he said he will be cutting rates very soon.. LOL
Post by Golfermanon May 01, 2024 2:47pm

NAV UP BIG AFTER FED

All FTN holdings are up huge after Fed press conference. NAV is now above $8.00+ Golferman
Comment by Investability00on May 01, 2024 12:53pm

RE:RE:FTN unit nav to MAY 01 after distributions= approx; $17.97

That's right, and those dreamers and optimistic made my capital gain from my dividend bought stock. Then applied that to FTN and brought my average way down. A triple win for me. It works well for ...more  
Comment by NoShoesNoShirton May 01, 2024 12:30pm

RE:FTN unit nav to MAY 01 after distributions= approx; $17.97

FTN is for the cognizant investors. DFN is for the dreamers. DGS is for the optimistic. 
Post by mousermanon May 01, 2024 11:32am

FTN unit nav to MAY 01 after distributions= approx; $17.97

So FTN commons are trading right at NAV, no premium like DFN.... or DGS.... but a LOT more safety.
Comment by mousermanon May 01, 2024 9:36am

RE:FTN open shows UNIT NAV up a bit...

Early morning fatfinger typing...lol " seem willing " should be there.
Post by mousermanon May 01, 2024 9:35am

FTN open shows UNIT NAV up a bit...

Sellers tho jumped on FTN early i see and do not seem silling to give FTN a premium.
Comment by mousermanon May 01, 2024 9:09am

RE:RE:From Reuters, will see what FED says today

The other inflation battles are rising labor costs, and especially the crude oil price... everything shipped is affected by the fuel and labor prices involved there.  Wars on the other side of ...more  
Post by mousermanon Apr 30, 2024 4:18pm

FTN unit nav drops to $18.13 to APRIL 30

So the monthend report should show a number close to $17.93 after distributions for the UNIT NAV. Commons would carry value of $7.93 at the month end. Trading a slight premium to that, maybe a ...more  
Comment by Experiencedon Apr 30, 2024 3:23pm

RE:From Reuters, will see what FED says today

We will get the Fed results tomorrow. Right now the longer term futures market is pricing a decline in 31 basis points between now and the end of the year.  This is down from 150 basis points at ...more  
Post by mousermanon Apr 30, 2024 3:11pm

FTN in realtime @ $18.17 UNIT NAV before dist.

CAD falling vs USD helping bigtime with the US holdings. My spreadsheet showing a gain of 37 cents since the April 15th update. AFTER distributions the commons would have a value of about $7.97
Post by mousermanon Apr 30, 2024 3:07pm

FFN unit nav in realtime @ $15.73 BEFORE dist..

So spreadsheet is showing a gain of 42 cents  since the April 15 update.. and after distributions to both Commons and preferreds that would value the commons @ $5.54, as they will payout about 19 ...more