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Brompton Oil Split Corp T.OSP.PR.A


Primary Symbol: T.OSP

Brompton Oil Split 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 on the maturity date; and to provide holders of class A shares with regular monthly cash distributions and the opportunity for capital appreciation. The Fund invests in a portfolio of equity securities of large capitalization North American oil and gas issuers, primarily focused on those with significant exposure to oil. The Fund’s portfolio composition includes oil and gas investments in the United States and Canada. The Fund's Portfolio Manager is Brompton Funds Limited.


TSX:OSP - Post by User

Post by oldbrit34on Feb 23, 2023 4:00pm
220 Views
Post# 35301829

Why the massive premium ?

Why the massive premium ?With no dividend and a nav of $2.87 why has OSP got such a high premium of 48% on the share price ???
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