RE:Question for mouserman... My comment is that, based on portfolio visualizer, $10,000 invested on January 1, 2019 in FTN with distributions reinvested would leave you with $9,719 today. But, at the end of February the value would have been $12,314. It's true, FTN is not about generating the best total return, but generating a reliable income (albeit one that does not accommodate inflation very well).
My observation is that one key strategy is to buy a split fund after an offering, or when the market is generally trending down.
Gord_Alberta wrote: I owned FFN a few years ago; sold 60% because things did not seem right. Should have sold all; the good news is that I did not lose money.
I bought FTN this week based upon the dividend. Yet I note that had I owned this stock over the past 3 years, the dividends reinvested would not even have close to covering losses. Your thoughts?