{"id":15834,"date":"2011-07-29T12:12:47","date_gmt":"2011-07-29T16:12:47","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=15834"},"modified":"2011-07-29T12:12:47","modified_gmt":"2011-07-29T16:12:47","slug":"ffn-pr-a-11h1-semi-annual-report","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=15834","title":{"rendered":"FFN.PR.A 11H1 Semi-Annual Report"},"content":{"rendered":"<p>Financial 15 Split Corp. II has released its <a href=\"http:\/\/www.financial15.com\/pdf\/FFN\/FFN%20semi%202011.pdf\">Semi-Annual Report to May 31, 2011<\/a>.<\/p>\n<p>Figures of interest are:<\/p>\n<p>MER: 1.16% of the whole unit value<\/p>\n<p>Average Net Assets: We need this to calculate portfolio yield. No change in Number of Units Outstanding, so just calculate as [83.1-million (NAV at beginning of period) + 84.6-million (NAV at end of period)] \/ 2 = 84-million, more or less.<\/p>\n<p>Underlying Portfolio Yield: Dividends received (net of withholding) of 1,203,296 times two because it&#8217;s only half a year divided by average net assets of 84-million is 2.86%<\/p>\n<p>Income Coverage: Net Investment Income of 703,329 divided by Preferred Share Distributions of 1,493,166 is 47%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial 15 Split Corp. II has released its Semi-Annual Report to May 31, 2011. Figures of interest are: MER: 1.16% of the whole unit value Average Net Assets: We need this to calculate portfolio yield. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-15834","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/15834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15834"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/15834\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}