Post by
mouserman on Oct 23, 2024 6:00pm
BK unit nav to OCT 23 = approx: $21.67 before dist.
Showing a gain of 18 cents since the OCT 154th update.
After distributions are factored in BK commons would carry a value of $11.46.. and with the last trade @ $11.52 , the commons are trading at a slight premium. Not sure why LBS has a huge discount, with a UNIT NAV above 19$ , and FTN also discounted quite big UNIT NAV above 19$, and common denominator is CAD holdings make up the biggest part of the funds.
I do hold SOME FTN and more FFN, but no LBS or BK... will see if they continue to struggle at a discount or get a big jump come next week as ex divvy approaches. LBS has the smallest payout this month @ 10 cents as they just paid preferreds the quarterly distribution. BK payouts this month are nearly 21 cents with commons and preferreds.
Comment by
flamingogold on Oct 23, 2024 7:06pm
As good as LBS is and even FTN and less so FFN... they don't beat BK for distribution consistency, hence the premium as small as it is.
Comment by
mouserman on Oct 24, 2024 10:26am
Well the CAD banks are going down today again, so whatever makes u feel good about your investments. I took my profitss in the lifecos, and am very happy i didnt have a pile tied up in BK... FFN has been a rocker for me as well, much bigger capital gains and at my cost a 25 % distribution. All about your aims, at my age i dont need to wait for longterm gains.
Comment by
Stoiklaugh on Oct 24, 2024 10:39am
Good for yoi Mouserman! you will have a worry free weekend! I am counting on a bounce back today and tomorrow to see some green my way! Keep up the good work! GLTA