Brompton Split Corp. Preferred Share ETF​

  • Management Style
    Actively Managed
  • Closing Price (Feb 23, 2024)
    $10.41
  • NAV (Feb 23, 2024)
    $10.37
  • Distribution
    $0.055/mo.

Canada’s 1st Split Preferred ETF

 

Brompton Split Corp. Preferred Share ETF presents an alternative to Canadian corporate preferred shares and is a unique solution for investors seeking a low risk fixed income investment.

The investment strategy of SPLT is to primarily invest in an actively managed portfolio of Split Corp. Preferred Shares offered by Canadian split share  corporations. The Manager believes that Split Corp. Preferred Shares should be considered for investment separately from their corporate preferred share counterparts, as Split Corp. Preferred Shares can offer investors a way to diversify sources of preferred dividend income and potentially add stability to preferred share portfolios.

Reasons to Invest

  • Attractive monthly distributions
  • LOW risk rating (per ETF Facts)
  • Competitive 0.50% management fee

This ETF is for Investors who are:

  • looking to receive dividend income while preserving capital
  • looking for exposure to preferred shares of split share corporations
  • able to accept some variability of returns

FUND FACTS

  • Ticker
    SPLT
  • Outstanding (Feb 23, 2024)
    11,911,900
  • Eligibility
    All registered and non-registered accounts
  • Distribution
    $0.05500/mo.
  • Risk Rating
    Low

Manager/Portfolio Manager:

Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with income focused investment solutions including exchange-traded funds (ETFs) and other TSX traded investment funds. Brompton’s Portfolio Management team specializes in Canadian and global equity investments and is a leading manager of covered call writing strategies in Canada.

Brompton Split Corp. Preferred Share ETF​

Summary of Investment Portfolio as at January 31, 2024

Total Net Asset Value$111,879,000

Top 25 Holdings

% of Portfolio% of Net Asset Value
Dividend 15 Split Corp. Preferred Shares14.9%
Dividend Growth Split Corp. Preferred Shares12.1%
North American Financial 15 Split Corp. Preferred Shares11.6%
Financial 15 Split Corp. Preferred Shares10.7%
Life & Banc Split Corp. Preferred Shares10.1%
Brompton Split Banc Corp. Preferred Shares7.6%
Canadian Banc Corp. Preferred Shares7.3%
Dividend 15 Split Corp. II Preferred Shares5.0%
Global Dividend Growth Split Corp. Preferred Shares4.3%
E Split Corp. Preferred Shares3.1%
Real Estate Split Corp. Preferred Shares2.4%
Brompton Lifeco Split Corp. Preferred Shares1.5%
Partners Value Split Corp. Class AA Preferred Shares Series 81.3%
Partners Value Split Corp. Class AA Preferred Shares Series 111.3%
Partners Value Split Corp. Class AA Preferred Shares Series 91.3%
Partners Value Split Corp. Class AA Preferred Shares Series 101.3%
Partners Value Split Corp. Class AA Preferred Shares Series 131.2%
Partners Value Split Corp. Class AA Preferred Shares Series 121.1%
Sustainable Power & Infrastructure Split Corp. Preferred Shares1.0%
Cash0.9%
Other net assets (liabilities)-0.2%
Total0%99.8%
NAV History

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Select a year
Record Date Payment Date Capital Gains Eligible Dividend Foreign Non- Business Income Foreign Non- Business Income Tax Paid Other Income Return of Capital Total Distribution
Mar 28, 2024 Apr 12, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500
Feb 29, 2024 Mar 14, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500
Jan 31, 2024 Feb 14, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05500
Dec 29, 2023 Jan 15, 2024 0.00000 0.02828 0.00000 0.00000 0.00000 0.02380 0.05208
Nov 30, 2023 Dec 14, 2023 0.00000 0.02828 0.00000 0.00000 0.00000 0.02380 0.05208
Oct 31, 2023 Nov 14, 2023 0.00000 0.02828 0.00000 0.00000 0.00000 0.02380 0.05208
Sep 30, 2023 Oct 16, 2023 0.00000 0.02828 0.00000 0.00000 0.00000 0.02380 0.05208
Aug 31, 2023 Sep 15, 2023 0.00000 0.02828 0.00000 0.00000 0.00000 0.02380 0.05208
Jul 31, 2023 Aug 15, 2023 0.00000 0.02828 0.00000 0.00000 0.00000 0.02380 0.05208
Jun 30, 2023 Jul 17, 2023 0.00000 0.02828 0.00000 0.00000 0.00000 0.02380 0.05208
Total 0.00000 0.19796 0.00000 0.00000 0.00000 0.16660 0.52956
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