Income Financial Trust

INC.UN-T

Analysis and Opinions about INC.UN-T

Signal
Opinion
Expert
COMMENT
COMMENT
August 21, 2019
NAV $7.42, but trades around $9--why does this happen? It can happen. Unlike an ETF, a close-end fund won't allow you to take the securities it holds--and it likely holds a lot of illiquid securities. You can move in and out of presumably good cash flow on instruments, hence the premium. That may explain the difference here.
NAV $7.42, but trades around $9--why does this happen? It can happen. Unlike an ETF, a close-end fund won't allow you to take the securities it holds--and it likely holds a lot of illiquid securities. You can move in and out of presumably good cash flow on instruments, hence the premium. That may explain the difference here.
Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$9.130
Owned
Unknown
COMMENT
COMMENT
November 13, 2017

It is trading at double the NAV. He does not know enough about it to say why it is trading at such a premium. It has all the banks and US financials. He thinks there is something wrong here. He would want to do some homework on it.

It is trading at double the NAV. He does not know enough about it to say why it is trading at such a premium. It has all the banks and US financials. He thinks there is something wrong here. He would want to do some homework on it.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$19.250
Owned
Unknown
COMMENT
COMMENT
May 11, 2017

The chart looks like it has a nice little trend. Has a nice base. The longer it sticks around the $12.80 and then breaks out, the more power it has.

The chart looks like it has a nice little trend. Has a nice base. The longer it sticks around the $12.80 and then breaks out, the more power it has.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$15.850
Owned
Unknown
Showing 1 to 3 of 3 entries
  • «
  • 1
  • »