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Sustainable Power & Infrastructure Split Corp T.PWI

Alternate Symbol(s):  T.PWI.PR.A

Sustainable Power & Infrastructure Split Corp. (the Fund) is a Canada-based mutual fund. 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 holders, and to provide holders of Class A shares with regular monthly non-cumulative cash distributions, and the opportunity for capital appreciation through exposure to the portfolio. The Fund invests in a globally diversified and actively managed portfolio consisting primarily of dividend-paying securities of power and infrastructure companies, whose assets, products and services. The Fund’s portfolio includes investments in companies operating in the areas of renewable power, green transportation, energy efficiency, and communications, among others (sustainable power and infrastructure companies). Brompton Funds Limited is the investment manager of the Fund.


TSX:PWI - Post by User

Comment by EricDividendson Jul 25, 2023 11:39am
216 Views
Post# 35555959

RE:Looks can be deceiving !

RE:Looks can be deceiving !

I agree the 3 year chart doesn't look great, however I think it will claw it's way back.

Their core holdings in this fund is actually quiet good and as the markets turn, so will this fund.

It was formed right in the middle of covid, and to a point has hurt this fund as covid has hurt the rest of the markets in general. I still see a good long term outlook for this fund.

The NAV jumps around in the 6.40 to 6.50 mark and the distribution has never been threatened, nor has it missed one as of yet. 

I will continue to accumalte while it is well below their NAV and probably match my commons with their preferreds.

Yesterdays NAV was 6.53,and selling in the 6.20's is a very nice discount to NAV with a decent yield at 12.78 or so.

Brompton_Funds_PWI_FundProfile.pdf (bromptongroup.com)

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