Credit-Enhanced Corts Trust Aon Price & Performance (KTN)

Credit-Enhanced Corts Trust Aon (KTN) closed at $26.54 on April 17, maintaining its position after a 0.22% uptick. Over the past month, KTN has shown gradual improvement, rising 0.31%. Year-to-date, the preferred stock is up 0.52%, signaling cautious but consistent investor confidence despite muted trading volumes.12

KTN’s valuation metrics remain subdued, with a P/E ratio of 0.0x and no upside forecast, lagging behind the broader financial sector. The stock’s price-to-book and sales ratios also trail sector averages, reflecting limited market optimism and raising questions about future growth prospects.34

KTN offers an 8.205% semiannual dividend, backed by Aon Capital A securities, with redemption possible at $25 plus accrued dividends if triggered by adverse tax events. The certificates are subject to stringent rating requirements and include a one-time payment if downgraded, providing layers of protection for investors.56