Bullboard - Stock Discussion Forum 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... see more

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Brompton Split Banc Corp > Brompton reports UNIT NAV @ $18.46 to June 15

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Post by mouserman on Jun 16, 2023 2:12pm

Brompton reports UNIT NAV @ $18.46 to June 15

So today i would guess the premium is about $1.13 or about 13.3 % .
Very similar to LBS, except the yield is lower. LBS has the added advantage of the 4 lifecos which have had the top gains in the financials the past 6 months or more. I expect that trend to continue with higher interest rates having negative effects on banks , ( loan and debt liability) but positive effect for the lifecos ( much higher return on premiums collected )

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