Income Financial Trust T.INC.UN

Alternate Symbol(s): ICFNF

Income Financial Trust (the Trust) is a Canada-based investment trust fund that invests in a diversified portfolio. The Trust’s investment objective is to provide unitholders with a stable stream of monthly distributions by investing in a diversified portfolio consisting primarily of common shares issued by corporations whose shares are included in the S&P/TSX Capped Financials Index, the S&P 500 Financials Index or the S&P MidCap 400 Financials Index. The Trust’s objective is also to provide tax-effective monthly distributions targeted to be 10% annualized, based on the volume-weighted average market price of the units for the last three trading days of the preceding month. Quadravest Capital Management Inc. (Quadravest) is the investment manager for the Trust.

TSX:INC.UN - Post by User

Income Financial Trust > Down 4.29% now?

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Comment by slston Aug 28, 2021 3:03pm

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Post# 33778597

RE:RE:Down 4.29% now?

its been trading at a large premium. Managment has only just started an ATM financing program. (at the market)...not sure what took them so long.

I don't have any but would suggest it is past the time to take profits off the table. But then, they are players that could push this up some more, even though NAV is lagging. Good Luck.

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