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iShares Canadian Financial Monthly Income E.T.F. (FIE.A-T) opinion on 2017-03-20

Last Price Recorded: 6.9500 on 2017-11-23

ON STOCKCHASE SINCE Jul 2007

investment companies/funds
COMMENT

Larry Berman CFA, CMT, CTA
iShares Canadian Financial Monthly Income E.T.F. was $6.910 at time of opinion
Owned : Unknown

The distribution on this is somewhat fixed. They are paying out north of a 6%-7% yield. If you look at what is in it, there is nothing that yields that much. Looking at all the banks and the other income generating securities this owns, the average is about 4%. This is paying out about 3% extra, which is capital gain you would’ve otherwise been getting from the share price. This is why you are not seeing a lot of upside in the price movement of this ETF.

UNKNOWN

All opinions for FIE.A-T (14)

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6 COMMENT
1 HOLD
1 PAST TOP PICK
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All opinions for FIE.A-T (14)

5 BUY
6 COMMENT
1 HOLD
1 PAST TOP PICK
1 TOP PICK
View All

More experts covering FIE.A-T

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Add FIE.A-T to Watch List

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