Bullboard - Stock Discussion Forum Canadian Banc Corp T.BK

Alternate Symbol(s): CNDCF | T.BK.PR.A

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per... see more

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TSX:BK - Post Discussion

Canadian Banc Corp > BK unit nav to OCT 10 = approx; $21.21

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Post by mouserman on Oct 10, 2024 5:19pm

BK unit nav to OCT 10 = approx; $21.21

Spreadsheet now showing a loss of 2 pennies since the update Sept 30th... BK the only split fund that has lost on the UNIT NAV since Sept. 30 of those i track. It likely would be still be at a gain, if not for TD beatdown. TD was weighted second by BK in the last update,, likely a mistake not lowering that weighting. It wasnt like we didnt know TD was going to get a spanking from the money-laundering problems.

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