Core Insights - Valley National Bancorp (VLY) is a regional bank with a focus on highly populated areas across the United States [1] Group 1: Company Overview - Valley National Bancorp operates branches throughout the United States, emphasizing locations in densely populated regions [1] - The bank offers common shares along with three different types of preferred shares [1] Group 2: Investment Focus - The current investment strategy includes income investing through common shares, preferred shares, or bonds [1] - The author aims to publish two articles per week, focusing on income investment and broader economic topics [1]

JPMorgan Chase's (NYSE: JPM ) public trading fixed-income securities offer healthy yields, with some at a discount, and should be considered for prudent investors looking for a safe and highly defensive source of income. JPM has six outstanding preferred shares, with the yield on theseThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on u ...

JPMorgan Chase's (NYSE: JPM ) public trading fixed-income securities offer healthy yields, with some at a discount, and should be considered for prudent investors looking for a safe and highly defensive source of income. JPM has six outstanding preferred shares, with the yield on theseThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on u ...

Core Viewpoint - Life & Banc Split Corp. plans to execute a stock split of its class A shares due to strong performance, with class A shareholders receiving 10 additional shares for every 100 held, pending approval from the Toronto Stock Exchange [1] Group 1: Stock Split Details - The stock split will take effect for class A shareholders of record on October 27, 2025, and is expected to increase monthly cash distributions by approximately 10% to $0.10 per share [2] - Following the stock split, class A shares will begin trading on an ex-split basis on October 28, 2025, with no fractional shares issued [4] Group 2: Performance Metrics - Over the past 10 years, class A shares have delivered a total return of 20.5% per annum, outperforming the S&P/TSX Capped Financials Total Return Index by 6.8% and the S&P/TSX Composite Total Return Index by 8.7% [3][7] - Since inception, class A shareholders have received cash distributions totaling $20.95 per share [3] Group 3: Fund Composition - The Fund invests equally in common shares of the six largest Canadian banks and four major publicly traded Canadian life insurance companies, including Bank of Montreal, Royal Bank of Canada, and Manulife Financial Corporation [5][8] Group 4: Downside Protection - Preferred shares of the Fund are expected to provide approximately 52% downside protection against declines in the value of the Fund's portfolio [4]