Top 10 Split Trust Announces Year End Results
Top 10 Split Trust Announces Year End Results
TORONTO, March 21, 2022 (GLOBE NEWSWIRE) -- (TSX: TXT.UN; TXT.PR.A) Top 10 Split Trust (the "Fund") announces results of operations for the year ended December 31, 2021. Increase in net assets attributable to holders of Capital Units amounted to $2.76 million or $3.81 per Capital Unit. As at December 31, 2021, net assets attributable to holders of Capital Units were $2.54 million or $4.38 per Capital Unit. Interest payments of $0.56 million or $0.78 per Preferred Security and cash distributions to Capital Unit holders totaling $0.18 million or $0.27 per Capital Unit were paid during the year.
多倫多,2022年3月21日(環球通訊社)--(多倫多證券交易所:TXT.UN;TXT.PR.A)排名前十的拆分信託基金(“基金”)公佈截至2021年12月31日止年度的經營業績。資本單位持有人應佔淨資產增加276萬美元,即每個資本單位3.81美元。截至2021年12月31日,資本單位持有人應佔淨資產為254萬美元,即每個資本單位4.38美元。年內,向資本單位持有人支付的利息為56萬美元或每優先證券0.78美元,向資本單位持有人支付的現金分派總額為18萬美元或每資本單位0.27美元。
The Fund's investment objectives for the Capital Units are (i) to provide holders of Capital Units, upon redemption, with the benefit of any capital appreciation in the market price of the securities in the Financial Portfolio and (ii) to pay quarterly distributions to holders of Capital Units in an amount targeted to be 7.5% per annum of the net asset value of the Fund. The Fund's investment objectives for the Preferred Securities are (i) to pay holders of Preferred Securities fixed quarterly cash interest payments of 6.25% per annum on the $12.50 principal amount of a Preferred Security and (ii) to repay the principal amount of $12.50 per Preferred Security on termination of the Fund.
基金對資本單位的投資目標是(I)在贖回時向資本單位持有人提供任何資本增值的利益,以及(Ii)向資本單位持有人支付按季派發的款項,目標金額為基金資產淨值的7.5%。基金對優先證券的投資目標為(I)向優先證券持有人支付優先證券本金12.50美元每年6.25%的固定季度現金利息及(Ii)於基金終止時償還每種優先證券12.50美元的本金。
The Fund invests in the six largest Canadian banks and the four largest Canadian life insurance companies by market capitalization.
該基金投資於加拿大市值最大的六家銀行和四家最大的人壽保險公司。
The Fund employs an active covered call strategy to enhance the income generated by the Portfolio and to reduce volatility.
基金採用積極的備兑買入策略,以增加投資組合產生的收入,並減少波動性。
The Fund's investment portfolio is managed by its investment manager, Mulvihill Capital Management Inc. The Fund's Preferred Securities and Capital Units are listed on Toronto Stock Exchange under the symbols TXT.PR.A and TXT.UN respectively.
基金的投資組合由其投資經理穆爾維希爾資本管理公司管理。基金的優先證券和資本單位在多倫多證券交易所上市,編號為TXT.PR.A和TXT.UN分別.
Selected Financial Information: ($ Millions) | |||
Statement of Financial Position as at December 31st | 2021 | ||
Assets | $ | 10.31 | |
Liabilities (including Redeemable Preferred Securities) | (7.77 | ) | |
Net Assets Attributable to Holders of Class A Shares | $ | 2.54 | |
Statement of Comprehensive Income for the year ended December 31st | |||
Gain (including Net Gain on Investments) | $ | 3.72 | |
Expenses | (0.40 | ) | |
Operating Profit | 3.32 | ||
Preferred Security Interest | (0.56 | ) | |
Increase in Net Assets Attributable to Holders of Capital Units | $ | 2.76 |
精選財務信息:(百萬美元) | |||
截至12月31日的財務狀況表 | 2021 | ||
資產 | $ | 10.31 | |
負債(包括可贖回優先證券) | (7.77 | ) | |
A類股持有人應佔淨資產 | $ | 2.54 | |
截至十二月三十一日止年度的全面收益表 | |||
收益(包括投資淨收益) | $ | 3.72 | |
費用 | (0.40 | ) | |
營業利潤 | 3.32 | ||
優先擔保權益 | (0.56 | ) | |
資本單位持有人應佔淨資產增加 | $ | 2.76 |
For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172 or visit .
如需更多信息,請致電416.681.3966與投資者關係部聯繫,免費電話1.800.725.7172或訪問。
John Germain, Senior Vice-President & CFO |
Mulvihill Capital Management Inc. 121 King Street West Suite 2600 Toronto, Ontario, M5H 3T9 416.681.3966; 1.800.725.7172 info@mulvihill.com |
約翰·傑曼,高級副總裁兼首席財務官 |
穆爾維希爾資本管理公司。 國王西街121號 套房2600 安大略省多倫多,M5H 3T9 416.681.3966; 1.800.725.7172 郵箱:Info@mulvihill.com |
Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
佣金、跟蹤佣金、管理費和費用都可能與投資基金有關。請在投資前閲讀招股説明書。投資基金沒有保證,它們的價值經常變化,過去的業績可能不會重演。
譯文內容由第三人軟體翻譯。