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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Financial 15 Split Corp > Since The Top

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Post by Toppicks1 on Dec 17, 2024 10:15am

Since The Top

Someone here asked me if eit.un was immune to corrections. And why I kept it and sold FTN.. so since the top call or when I sold....EIT.UN is down 1.4% and FTN is down 10%...... I think it was maybe northsea5

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Comment by mouserman on Dec 17, 2024 10:34am

Problem i have with EIT.un is the yield is so low , if you do have a pullback in holdings.. you dont get much return . Diversity is good, but there are preferred shares that have higher yields and less risk. EIT.un holdings value appear to be dropping as hard as FTN today, if my list is up to date.

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Comment by Toppicks1 on Dec 17, 2024 10:41am

I have owned this for 41/2 years so have received over 5$ in dividends with out ever a miss in payment. That and I have about 28% in capital gain so buying today is hard to compare to where I'm at... I have a question for you though.. why do you think BK aids the only splite fund that has not corrected and is holding the line... is it because the divi went up to 15 cents.... puzzles me do you ...more

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