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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Financial 15 Split Corp > FTN holdings doing well, but sellers are eager to dump

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Post by mouserman on Apr 26, 2024 10:10am

FTN holdings doing well, but sellers are eager to dump

Not sure what the reasoning is , perhaps some swithcing out of FTN and into DFN, or FFN .. basically taking on more risk but getting a bigger distribution , at least for this month.
I did the opposite, took profits in FFN and bought FTN this am. I like the risk/reward profile better.
Might buy more later on if FTN continues to fall while the UNIT NAV jumps.

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