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Bullboard - Stock Discussion Forum North American Financial 15 Split Corp T.FFN

Alternate Symbol(s):  FNCSF

North American Financial 15 Split Corp. is a Canada-based mutual fund corporation, which invests in a portfolio of over 15 financial services companies. It offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in the amount... see more

TSX:FFN - Post Discussion

North American Financial 15 Split Corp > UNIT NAV to oct 29 for FFN = APPROX: $ 17.35
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Post by mouserman on Nov 03, 2021 5:38pm

UNIT NAV to oct 29 for FFN = APPROX: $ 17.35

So on OCt 29  FFN closed at  $7.42 , gains 21 cents in value and today closes at $7.46..... that is not really keeping up with the gains.... and of course the premium to NAV is almost non- existent again.. 11 cents would make the premium about 1.5%...yield still very robust at  18.28 %
Comment by mdoldon on Nov 03, 2021 6:40pm
buyers worried about another at the market offer?
North American Financial 15 Split Corp
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