Financial 15 Split Corp T.FTN

Experiment

[Toppicks1]

Ok so 6 months in to the FTN experiment. Here we are. 6x .1257= is 75.4 cents return in dividends. And at a average cost of 7.79 it is currently up 57 cents in capital gain. Or just above 7%. Total return is right at 17%..of course I will be reinvesting dividends to compound returns going forward. Looking very nice as it is trading at a discount to nav. With rate cuts coming. A couple big bank report this week. Time is probably closing on getting in.

[Golferman]

Yes agreed all is lining up for financials to do well. 

[mouserman]

IF we get a pullback in the general markets , these split funds react by selling the ones on the bubble or close to it and buying the ones with more safety. OF late , the last few months, a bunch of the bubble stocks that were below or close to the threshhold DF, DFN , LFE and even FFN went on a tear getting the UNIT NAV above $16 and so traders piled in and took profits on FTN, BK , LBS and

[Stoiklaugh]

Good point, thank for sharing your wisdom! I added some LFE hoping for one more sprint on the next few weeks... I am heavy on FTN and LBS so I am reassured by your statement... Heavy on DF as well but hopefully it will be resillient! GLTA