BK.PR.A: 11H1 Semi-Annual Report

Canadian Banc Corp. released its Semi-Annual Report to May 31, 2011 some time ago when it was still named Canadian Banc Recovery Corp.

Figures of interest are:

MER: The MER per unit of the Fund, excluding the cost of leverage, was 1.39% as at May 31, 2011.

Average Net Assets: Net assets were 192.0-million on 2011-5-31 and 181.6-million on 2010-11-30; average is 186.8-million.

Underlying Portfolio Yield: Total income of 3,259,530, times two (semi-annual) divided by average net assets of 186.8-million is 3.49%

Income Coverage: Net Investment Income of 1,948,474 divided by Preferred Share Distributions of 2,042,484 is 95%.

This entry was posted on Sunday, February 12th, 2012 at 5:47 pm 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.

One Response to “BK.PR.A: 11H1 Semi-Annual Report”

  1. BK.PR.A 2011 Annual Report « PrefBlog says:
    March 10, 2012 at 5:14 pm

    […] BK.PR.A was last mentioned on PrefBlog when the Semi-annual report was examined. […]

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