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Bullboard - Stock Discussion Forum Brompton Lifeco Split Corp T.LCS

Alternate Symbol(s):  T.LCS.P.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions in the amount of 0.15625 per share and to return the original issue price of 10.00 per Preferred share to Preferred shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be 0.075 per share... see more

TSX:LCS - Post Discussion

Brompton Lifeco Split Corp > LCS unit nav to Jan 25 =approx: $17.08
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Post by mouserman on Jan 25, 2024 6:35pm

LCS unit nav to Jan 25 =approx: $17.08

I suspect the Brompton numbers  tomorrow will be  very close to this.
Proabalby the best buy in the split fund space, for safety , paying distributions and VALUE especially ( trading at a discount). After distributions are paid , the commons would have a value of $6.85 , and the last sale @ $6.55 means  the discount is still  4.5%.
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