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home / news releases / bto optimistic outlook remains

BACRP - BTO: Optimistic Outlook Remains

Bank Of America Corp. 7% PRF PERPETUAL USD - Ser B
  • Financials are a big winner in 2021 so far as interest rate expectations climb.
  • Higher rates typically are better for financial institutions, of which, BTO invests solely in financials.
  • While the fund has been on a hot streak, the last few days led to some significant declines as valuation became stretched.

For further details see:

BTO: Optimistic Outlook Remains
Stock Information
Company Name: Bank Of America Corp. 7% PRF PERPETUAL USD - Ser B
Stock Symbol: BACRP
Market: OTC
Website: bankofamerica.com
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