DBRS Morningstar Downgrades Rating on Brompton Split Banc Corp.’s Preferred Shares to Pfd-3 From Pfd-3 (high)
Please refer to PDF document for more detail about our research: DBRS Morningstar Downgrades Rating on Brompton Split Banc Corp.’s Preferred Shares to Pfd-3 From Pfd-3 (high)Brompton Split Banc is a mutual fund corporation. The Fund's investment objectives are: (i) to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions in the amount of C$0.13125 per share and to return the original issue price to shareholders on Nov 30 2012, and (ii) to provide holders of Class A shares with regular monthly cash distributions targeted to be C$0.10 per share and with the opportunity for growth in Net Asset Value per share. As of Dec 31 2010, the Fund's total assets was amounted to C$172,025,046 with total investment portfolio of C$128,448,411.
DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.
Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.