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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

TSX:FTN - Post Discussion

Financial 15 Split Corp > End of Day NAV Jan 17 - $20.13
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Post by Golferman on Jan 17, 2025 4:21pm

End of Day NAV Jan 17 - $20.13

My spread sheet is now showing the end of day NAV for Jan 17 @ $20.13 or $11.13 for the commons  .... this now puts the common share price at a discount to the NAV of 13.67% with the last trade of $9.61.

Another nice day for the NAV!... still trading at a good discount.

Golferman
Comment by Stoiklaugh on Jan 17, 2025 6:25pm
Seems like you were spot on on Jan 15th as Quadravest published the same NAV you had posted! Good job and thank you!
Comment by Golferman on Jan 17, 2025 6:32pm
Yes... the Quadravest update is just out.... It was the exactly the same as what Mouserman and myself had. https://www.quadravest.com/ftn-fund-features January 15, 2025     NAV Pre-Distribution:      $20.82 Distribution:      $0.00 NAV Net of Distribution:      $20.82
Comment by Stoiklaugh on Jan 17, 2025 7:07pm
did you mean 21.13 for tha NAV instead of 20.13 ?
Comment by Golferman on Jan 17, 2025 8:30pm
Yes sorry $21.13