Bullboard - Stock Discussion Forum Brompton Enhanced Multi-Asset Income ETF T.BMAX

The investment objectives of the Brompton ETF are to provide Unitholders with (a) attractive monthly distributions and (b) the opportunity for capital appreciation. Fund investing, directly or indirectly, on a leveraged basis, in a portfolio of equity and fixed income securities.

Add To Watchlist

TSX:BMAX - Post Discussion

Brompton Enhanced Multi-Asset Income ETF > Premium to Nav

View:

Post by TheeRook on Jan 07, 2023 4:49pm

Premium to Nav

Trading at a slight premium below the 10% target yield.

Closing Price (Jan 06, 2023) $12.70

NAV (Jan 05, 2023) $12.41

Distribution Rate (Jan 07, 2023) 9.45%

Big change in Preferred ETFS with Brompton Flaherty & Crumrine Investment Grade Preferred ETF 19.3%

Must be a high rate of Capital Return with none of the holdings yielding more than 10%

348