Brompton Split Corp. Preferred Share ETF​

  • Management Style
    Actively Managed
  • Closing Price (Nov 28, 2023)
    $10.22
  • NAV (Nov 27, 2023)
    $10.20
  • Distribution Rate (Nov 28, 2023)
    6.12%
Fund Profile Fund Profile - FR Why Invest Why Invest - FR Portfolio Summary KYP Resources
Split Preferreds: All Set for Higher Dividend Resets
H2/2023 Outlook: Still waiting for a recession
SPLT: First Split Corp. Preferred ETF

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, initial target of 6.25% p.a.
  • 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 (Nov 28, 2023)
    7,801,900
  • Eligibility
    All registered and non-registered accounts
  • Distribution
    $0.05208/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.

Market Data provided by TMX, and powered by QuoteMedia

Brompton Split Corp. Preferred Share ETF​

Summary of Investment Portfolio as at October 31, 2023

Total Net Asset Value$67,501,000

Top 25 Holdings

% of Portfolio% of Net Asset Value
Dividend 15 Split Corp. Preferred Shares15.0%
Dividend Growth Split Corp. Preferred Shares13.0%
North American Financial 15 Split Corp. Preferred Shares11.6%
Financial 15 Split Corp. Preferred Shares11.2%
Life & Banc Split Corp. Preferred Shares8.0%
Canadian Banc Corp. Preferred Shares6.8%
Brompton Split Banc Corp. Preferred Shares5.9%
Dividend 15 Split Corp. II Preferred Shares5.0%
Global Dividend Growth Split Corp. Preferred Shares4.4%
Cash3.7%
E Split Corp. Preferred Shares2.4%
Real Estate Split Corp. Preferred Shares2.3%
Brompton Lifeco Split Corp. Preferred Shares1.7%
Sustainable Power & Infrastructure Split Corp. Preferred Shares1.4%
Partners Value Split Corp. Class AA Preferred Shares Series 81.4%
Partners Value Split Corp. Class AA Preferred Shares Series 111.4%
Partners Value Split Corp. Class AA Preferred Shares Series 101.3%
Partners Value Split Corp. Class AA Preferred Shares Series 91.3%
Partners Value Split Corp. Class AA Preferred Shares Series 131.2%
Partners Value Split Corp. Class AA Preferred Shares Series 121.2%
Other net assets (liabilities)-0.2%
Total0%100%

1)The investment portfolio may change due to ongoing portfolio transactions of the investment fund. Quarterly updates are available on the Fund's website at www.bromptongroup.com within 60 days of each quarter end.

2)Totals may not equal 100% due to rounding.

NAV History

Filter By Document Type:
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
Dec 29, 2023 Jan 15, 2024 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05208
Nov 30, 2023 Dec 14, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05208
Oct 31, 2023 Nov 14, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05208
Sep 30, 2023 Oct 16, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05208
Aug 31, 2023 Sep 15, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05208
Jul 31, 2023 Aug 15, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05208
Jun 30, 2023 Jul 17, 2023 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.05208
Total 0.00000 0.00000 0.00000 0.00000 0.00000 0.00000 0.36456
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Quick Contact

General Inquiries: (416) 642-9061|Investor Relations: (416) 642-6000|Toll Free: 1-866-642-6001
Email: info@bromptongroup.com
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