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Guido2

02/09/20 4:01 PM

#591187 RE: Donotunderstand #591181

It isn't. What you miss is that they ignored it for over a decade and now FNMA is in their sights. I expect additional purchases going forward.
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FOFreddie

02/09/20 9:35 PM

#591212 RE: Donotunderstand #591181

Thanks Donotunderstand

The assumption is that FNMA will become NYSE listed again prior to the stock offerings. Once it is listed it will become investible and will be included in the S&P 500 because of its size and because it is so important to the US economy.

Check out the Fidelity ownership summary for Citicorp "C" to look at the ownership by larger index funds.

It looks like Citicorp has a market capitalization of about $170 billion and FNMA could have a market capitalization of $125 billion depending on capital requirements. If this is the case, institutions like Fidelity.

Citicorp's dividend yield is approximately 2.5%. Could FNMA trade at 2.5 to 3.5% dividend?

Here is the C ownership link:

https://eresearch.fidelity.com/eresearch/evaluate/fundamentals/ownership.jhtml?symbols=C