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

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TSX:FTN - Post Discussion

Financial 15 Split Corp > FTNN unit nav to NOV 15 = approx: $16.54

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Post by mouserman on Nov 15, 2023 4:12pm

FTNN unit nav to NOV 15 = approx: $16.54

So the spreadsheet now has the gains at about $1.01 since OCT 31 .. one of the biggest runs up in a 2 week period in recent history in tracking these navs.
Last sale @ $6.81 leaves the premium at about 27 cents or about...4%.

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Comment by Golferman on Nov 15, 2023 4:26pm

Thanks Mouserman..... still more room to run for the financials as they were really beaten down. This stock should break $ 7.00 by the end of the week. Still a great buy with only a 4% premium.... and pays a 22.89% yield. Golferman

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