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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 20 - $21.05
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Post by Golferman on Jan 20, 2025 4:18pm

End of Day NAV Jan 20 - $21.05

My spread sheet is now showing the end of day NAV for Jan 20 @ $21.05 or $11.05 for the commons  .... this now puts the common share price at a discount to the NAV of 11.76% with the last trade of $9.75.

The weaker US dollar was the main reason for the drop in NAV today.

Golferman


Comment by Stoiklaugh on Jan 20, 2025 4:31pm
Thanks Golferman! I was looking forward to your update! still a good discount and nice yield... GLTA