Brompton Split Banc Corp T.SBC

Alternate Symbol(s): T.SBC.P.A

Brompton Split Banc Corp. (the Fund) is a Canada-based mutual fund company. The Fund's investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions and to return the original issue price of $10.00 per Preferred share to shareholders at maturity and to provide holders of Class A shares with regular monthly cash distributions, targeted to be at least $0.10 per Class A share, and the opportunity for growth in Net Asset Value per Class A share. The Fund invests in a portfolio of common shares of the six Canadian banks. In addition, the Fund may hold up to 10% of the total assets of the portfolio directly in investments in global financial companies or indirectly through exchange-traded funds for the purposes of enhanced diversification and return potential. The Fund's manager is Brompton Funds Limited.

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Brompton Split Banc Corp > Brompton reports SBC unit nav @ $18.24

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Comment by oldbrit34on Feb 16, 2024 10:46am

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Post# 35884133

RE:Brompton reports SBC unit nav @ $18.24

Yes MM it's what I would call a " quiet split" .It has a good basket of stocks , pays 13.6% dividend yield and has a 6% premium. I like its holding of BFIN which has a varied but suprisingly good spread of stocks in it. Probably people are more attracted to the higher dividend yields. It is off the high of $9.52 on Jan5th by 8% and I have put it on my watch list.Maybe the small share volume does not help it ? By quiet I mean it gets very little attention.

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