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BACRP - VONV: An Outdated Idea Of Value
May, 06 2022 01:20 PM
Bank Of America Corp. 7% PRF PERPETUAL USD - Ser B
VONV implements a value strategy in the Russell 1000 index. Obviously, it is cheaper than the Russell 1000 regarding valuation ratios. However, the underlying index has failed to bring excess return in two decades. I see two shortcomings in its strategy. For further details see:
VONV: An Outdated Idea Of Value
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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