{"id":31567,"date":"2015-12-14T05:53:37","date_gmt":"2015-12-14T10:53:37","guid":{"rendered":"http:\/\/prefblog.com\/?p=31567"},"modified":"2015-12-14T05:53:37","modified_gmt":"2015-12-14T10:53:37","slug":"ffn-pr-a-15h1-semi-annual-report","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=31567","title":{"rendered":"FFN.PR.A: 15H1 Semi-Annual Report"},"content":{"rendered":"<p>North American Financial 15 Split Corp. has released its <a href=\"http:\/\/media.wix.com\/ugd\/78f11d_21f89d9a03c24ed7aa5a57e43e08d4ee.pdf\">Semi-Annual Report to May 31, 2015<\/a>.<\/p>\n<p>Figures of interest are:<\/p>\n<p>MER: 1.31% 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 [129.2-million (NAV at beginning of period) + 126.6-million (NAV at end of period)] \/ 2 = 127.9-million.<\/p>\n<p>Underlying Portfolio Yield: Dividends received (net of withholding) of 1.874-million times two because it&#8217;s only half a year divided by average net assets of 127.9-million is 2.93%<\/p>\n<p>Income Coverage: Net Investment Income of 982,591 divided by Preferred Share Distributions of 1,978,585 is 50%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>North American Financial 15 Split Corp. has released its Semi-Annual Report to May 31, 2015. Figures of interest are: MER: 1.31% of the whole unit value Average Net Assets: We need this to calculate portfolio &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-31567","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/31567","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=31567"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/31567\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}