Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s): CLSPF | T.LFE.PR.B

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the... see more

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TSX:LFE - Post Discussion

Canadian Life Companies Split Corp > LFE unit nav to Sept 13 = approx: $16.08

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Post by mouserman on Sep 13, 2024 5:04pm

LFE unit nav to Sept 13 = approx: $16.08

So some nice gains again from the CAD lifecos which pushed the UNIT NAV up end of day. Spreadsheet is showing a 41 cent gain since the udpated number AUg 30.
LFE or DF will have gained the most since AUG 30 of all the Qdrvst split funds i follow. Both are very close to the 41 cents in gains. DFN right behind at about 39 cents.

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Comment by mouserman on Sep 17, 2024 6:57pm

SO LFE came in a lot lower than my estimate @ $16.01.. and i would imagine they had some options taken, so as to add more cash to pay the increased distributions of the commons in the past few months. SO DF may have been the biggest gainer since AUG 30...

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Canadian Life Companies Split Corp