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Bullboard - Stock Discussion Forum Financial 15 Split Corp T.FTN

Alternate Symbol(s):  T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company 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 an amount of over 6.75... see more

TSX:FTN - Post Discussion

Financial 15 Split Corp > FTN UNIT NAV to May 14 = $21.71
View:
Post by mouserman on May 14, 2021 5:02pm

FTN UNIT NAV to May 14 = $21.71

SO FTN gained about 64 cents in UNIT NAV since april 30....
Nice move up in most of the holdings. 
Trading still at a discount to NAV much like LBS from Brompton...
Commons have a value of $11.71 here , but of course there will be big distributions paid out in about a month...  but even so ,  nice value here.
Comment by Schwat1000 on May 16, 2021 6:32am
What big distributions in a month? More than the regular monthly payment?
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