Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp T.LFE.PR.B

Primary Symbol: T.LFE Alternate Symbol(s): CLSPF

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the... see more

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Canadian Life Companies Split Corp > Updated NAV

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Post by WillisSan on Dec 04, 2023 9:05pm

Updated NAV

Brompton just updated their web site. November 30, 2023 NAV Pre-Distribution: $14.44

Based on todays closing price, I am getting a NAV of $14.55. Can anyone else confirm?

Thanks

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Comment by WillisSan on Dec 04, 2023 9:08pm

I meant to say Quadravest.

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Comment by mouserman on Dec 04, 2023 10:12pm

I AM GETTING a gain of 12 cents since the update to NOV 30th ( $14.38) after distributions. LFE commons true value now @ $14.50 , so perhaps the biggest discount (82 cents ) of any split fund common with a UNIT NAV within 50 cents of the threshold for paying . DISCOUNT now @ 18.3%

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Canadian Life Companies Split Corp