Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs
Stockchase Opinions

Richard CroftIncome Financial TrustINC.UN.TOCOMMENTAug 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.
$9.13

Stock price when the opinion was issued

$10.25

As of Jun 19, 2026. Market Open.

REAL ESTATE
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

COMMENT

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.

COMMENT

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.