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Bullboard - Stock Discussion Forum Us Financial 15 Split Corp T.FTU

Alternate Symbol(s):  T.FTU.PR.B | FTUXP

US Financial 15 Split Corp. is a mutual fund. The Company invests in an actively managed portfolio of common shares composed primarily of 15 core large capitalization United States financial services companies. The Company’s objectives in managing its capital are to provide holders of Preferred shares with a cumulative preferential monthly dividend at an annualized rate of 10% based on the net... see more

Bullboard (TSX:FTU)

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(193)
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  • NoShoesNoShirtX
Comment by NoShoesNoShirton Feb 06, 2025 2:39pm

RE:NAV of 8.57 after dist.

I just added 10,000 more shares at .66. The quote showed (1), so 100 shares available for .66. But I instantly bought 10,000 at that price, so there are hidden ones available. 
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(61)
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  • elonmuskrat247X
Post by elonmuskrat247on Feb 06, 2025 1:00pm

NAV of 8.57 after dist.

And 7.125 % discount at 8.00 share price with 10% preferred cumulative distribution. I like it. 
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(193)
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  • NoShoesNoShirtX
Comment by NoShoesNoShirton Jan 17, 2025 1:58pm

RE:RE:RE:Ftu.B at $7.80 is about 7.5% below..

Nav here is rising as fast or faster than FFN. Quadravest releases valuations tonight, and this will jump next week. 
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(61)
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  • elonmuskrat247X
Comment by elonmuskrat247on Dec 09, 2024 6:17pm

RE:RE:Ftu.B at $7.80 is about 7.5% below..

Ok. Barring the repeat of the great depression, I will take my chances with cumulative preferred distributions of Ftu. B. over a 4% gic. Sound better? 
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(193)
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  • NoShoesNoShirtX
Comment by NoShoesNoShirton Dec 09, 2024 5:45pm

RE:Ftu.B at $7.80 is about 7.5% below..

In which investment are you guaranteed anything?  In 1929 the market fell  by 89% over 3 years. Ftu would be broke in no time. 
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(61)
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  • elonmuskrat247X
Post by elonmuskrat247on Dec 09, 2024 5:34pm

Ftu.B at $7.80 is about 7.5% below..

Nav of $8.43 and currently pays 10.807% guaranteed monthly distributions for the next 6 years. 
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(19)
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  • Higherhopes2020X
Comment by Higherhopes2020on Dec 04, 2024 8:52am

RE:RE:FTU.PR.B NAV $8.28 as of nov 15th

NAV is $8.43 as of nov 29th.  I like the disribution over 10%.  
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(19)
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  • Higherhopes2020X
Comment by Higherhopes2020on Nov 29, 2024 9:30am

RE:RE:FTU.PR.B NAV $8.28 as of nov 15th

Thanks for the info.  Its great.  Then I willl hold my 6k till NAV is  $10.  I need to replace some GICs  coming due shortly as well.
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(61)
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  • elonmuskrat247X
Comment by elonmuskrat247on Nov 29, 2024 9:04am

RE:FTU.PR.B NAV $8.28 as of nov 15th

Pays 10.725% at 7.72 market price, 10% at 8.28 NAV. Distributuion is always 10% of NAV, as it changes so does the distribution. Max's out at 10% of $10 NAV. 0.0833333/month, if it gets to $10 NAV.
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(19)
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  • Higherhopes2020X
Post by Higherhopes2020on Nov 29, 2024 7:37am

FTU.PR.B NAV $8.28 as of nov 15th

Pays 8.7% its NAV might be up another 20 cents
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(61)
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  • elonmuskrat247X
Post by elonmuskrat247on Mar 13, 2024 10:37am

6 more years of...

10 plus % divies... Sounds good to me.. 
Comment by Seonglon Jun 10, 2022 7:52pm

RE:FTU.PR.B Jun 10 Estimated NAV @ 6.36, Premium @ 14.1%

Thanks for great work! Today is the distribution payment day.... Enjoy!!
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