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 company. The Company’s investment objectives with respect to the preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in an amount fixed by the board of directors on an annual basis. Its investment objectives with respect to the Class A shares are to provide holders of Class A shares with... see more

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TSX:FTN - Post Discussion

Financial 15 Split Corp > FTN unit nav to March 28 = approx: $18.41 AFTER dist.

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Post by mouserman on Mar 28, 2024 4:06pm

FTN unit nav to March 28 = approx: $18.41 AFTER dist.

So a very nice jump up today again for FTN.... some stocks pulled back end of day, kind of normal before a long weekend.
FTN commons carrying a value of $8.41 after distributions are paid. FTN closed even @ $8.14 so the discount is 27 cents after distributions.. Or about 3%.
Have a great EASTER EVERYONE....

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Comment by Golferman on Mar 28, 2024 4:07pm

Thanks Mouserman..... allways appreciated!!!

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Comment by Inglewood on Mar 28, 2024 4:48pm

Have a great Easter buddy. Hopefully the PCE number isn't a rally killer tomorrow (but I think Powell hinted last week the Fed had a sense already on what this number was going to be, and it was not going to change their calculus). It does seem, as many of the analysts are saying, that the rally is broadening out and the focus is shifting from the Fed into earnings stories.

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Financial 15 Split Corp