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.
多伦多,2022年3月21日(环球通讯社)--(多伦多证券交易所:TXT.UN;TXT.PR.A)排名前十的拆分信托基金(“基金”)公布截至2021年12月31日止年度的经营业绩。资本单位持有人应占净资产增加276万美元,即每个资本单位3.81美元。截至2021年12月31日,资本单位持有人应占净资产为254万美元,即每个资本单位4.38美元。年内,向资本单位持有人支付的利息为56万美元或每优先证券0.78美元,向资本单位持有人支付的现金分派总额为18万美元或每资本单位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 $12.50 per Preferred Security on termination of the Fund.
基金对资本单位的投资目标是(I)在赎回时向资本单位持有人提供任何资本增值的利益,以及(Ii)向资本单位持有人支付按季派发的款项,目标金额为基金资产净值的7.5%。基金对优先证券的投资目标为(I)向优先证券持有人支付优先证券本金12.50美元每年6.25%的固定季度现金利息及(Ii)于基金终止时偿还每种优先证券12.50美元的本金。
The Fund invests in the six largest Canadian banks and the four largest Canadian life insurance companies by market capitalization.
该基金投资于加拿大市值最大的六家银行和四家最大的人寿保险公司。
The Fund employs an active covered call strategy to enhance the income generated by the Portfolio and to reduce volatility.
基金采用积极的备兑买入策略,以增加投资组合产生的收入,并减少波动性。
The Fund's investment portfolio is managed by its investment manager, Mulvihill Capital Management Inc. The Fund's Preferred Securities and Capital Units are listed on Toronto Stock Exchange under the symbols TXT.PR.A and TXT.UN respectively.
基金的投资组合由其投资经理穆尔维希尔资本管理公司管理。基金的优先证券和资本单位在多伦多证券交易所上市,编号为TXT.PR.A和TXT.UN分别.
Selected Financial Information: ($ 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 |
精选财务信息:(百万美元) | |||
截至12月31日的财务状况表 | 2021 | ||
资产 | $ | 10.31 | |
负债(包括可赎回优先证券) | (7.77 | ) | |
A类股持有人应占净资产 | $ | 2.54 | |
截至十二月三十一日止年度的全面收益表 | |||
收益(包括投资净收益) | $ | 3.72 | |
费用 | (0.40 | ) | |
营业利润 | 3.32 | ||
优先担保权益 | (0.56 | ) | |
资本单位持有人应占净资产增加 | $ | 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,请致电416.681.3966与投资者关系部联系,免费电话1.800.725.7172或访问。
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 |
约翰·杰曼,高级副总裁兼首席财务官 |
穆尔维希尔资本管理公司。 国王西街121号 套房2600 安大略省多伦多,M5H 3T9 416.681.3966; 1.800.725.7172 邮箱: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、跟踪佣金、管理费和费用都可能与投资基金有关。请在投资前阅读招股说明书。投资基金没有保证,它们的价值经常变化,过去的业绩可能不会重演。