Brompton Split Bank Corp. has released its Semi-Annual Report to June 30, 2011.
Figures of interest are:
MER: 1.00% of the whole unit value.
Average Net Assets: We need this to calculate portfolio yield. [128.1-million (NAV, beginning of period) + 132.3-million (NAV, end of period)] / 2 = about 130-million.
Underlying Portfolio Yield: Total income of 2,580,360, times two (semi-annual) divided by average net assets of 130-million is 3.97%
Income Coverage: Net Investment Income of 1,910,961 divided by Preferred Share Distributions of 1,574,707 is 121%.
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SBC.PR.A: 11H1 Semi-Annual Report
Brompton Split Bank Corp. has released its Semi-Annual Report to June 30, 2011.
Figures of interest are:
MER: 1.00% of the whole unit value.
Average Net Assets: We need this to calculate portfolio yield. [128.1-million (NAV, beginning of period) + 132.3-million (NAV, end of period)] / 2 = about 130-million.
Underlying Portfolio Yield: Total income of 2,580,360, times two (semi-annual) divided by average net assets of 130-million is 3.97%
Income Coverage: Net Investment Income of 1,910,961 divided by Preferred Share Distributions of 1,574,707 is 121%.
This entry was posted on Sunday, September 11th, 2011 at 10:26 am and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.