Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp T.LFE.PR.B

Primary Symbol: T.LFE Alternate Symbol(s): CLSPF

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the... see more

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TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > LFE unit nav in realtime @ $15.23

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Post by mouserman on May 23, 2024 10:42am

LFE unit nav in realtime @ $15.23

So the split fund that has gained the most since May 15 is LFE up 23 cents.
It is down the most today of the main splits in Quadravest i follow.. FFN, FTN, DFN,DF BK and LFE.
And the stock that has lost the most , since the midmotnh udpate is BK , and is the leading gainer...
Is the market trying to tell us something?

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Comment by mouserman on May 23, 2024 11:58am

So with the dumpin today on LFE ( not sure why , obviously dont follow the UNIT NAV) the discount has grown to about 36 cents, or about 6.5%. COuld be some are taking profits, which could be substantial here.. or have stop losses to lock in gains. Either way was another buying op for me, and grabbed another 1500 @ $4.88... will continue to add.

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Canadian Life Companies Split Corp