OSP.PR.A : Annual Report, 2016

Brompton Oil Split Corp. has released its Annual Report to December 31, 2016.

OSP / OSP.PR.A Performance
Instrument One
Whole Unit +26.3% -1.0%
OSP.PR.A +5.1% +5.1%
OSP +57.8% -4.9%
S&P/TSX Capped Energy Index +39.6% +2.0%

Figures of interest are:

MER: 1.37% of the whole unit value, excluding one time initial offering expenses.

Average Net Assets: We need this to calculate portfolio yield. NAV of 52.2-million in 2016, 47.7-million in 2015, average is 50.0-million.

Underlying Portfolio Yield: Dividends received (net of withholding) of 1.243-million divided by average net assets of 50-million is 2.49%

Income Coverage: Net Investment Income (dividends, withholding, expenses) of 0.502-million divided by Preferred Share Distributions of 1.331-million is 38%.

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