Mulvihill Premium Yield Fund Announces Semi-Annual Results
30 8월 2023 - 5:01AM
(TSX: MPY) Mulvihill Premium Yield Fund (the
“Fund”) announces results of operations for the period ended June
30, 2023. Decrease in net assets attributable to holders of Class I
units amounted to $0.24 million or $0.18 per Class I unit, decrease
in net assets attributable to holders of Class F units amounted to
$0.25 million or $0.18 per Class F unit, decrease in net assets
attributable to holders of Class A units amounted to $0.17 million
or $0.23 per Class A unit, and decrease in net assets attributable
to holders of ETF units amounted to $0.06 million or $0.20 per ETF
unit. As at June 30, 2023, net assets attributable to holders of
Class I units were $12.10 million or $9.80 per Class I unit; net
assets attributable to holders of Class F units were $13.52 million
or $9.79 per Class F unit, net assets attributable to holders of
Class A units were $7.01 million or $9.36 per Class A unit, and net
assets attributable to holders of ETF units were $2.78 million or
$9.28 per ETF unit. Distributions paid to Class I units, Class F
units, Class A units and ETF units were $365,137, $383,327,
$207,332 and $79,339 respectively, representing a payment of $0.28
per Class I unit, $0.28 per Class F unit, $0.28 per Class A unit
and $0.28 per ETF unit during the period.
The Fund is a mutual fund investment trust that
seeks to provide unitholders with (i) high quarterly income on a
tax efficient basis; (ii) long-term capital appreciation through
investment in a portfolio of high quality equity securities; and
(iii) lower overall portfolio volatility. The Fund will write
options to seek to earn tax efficient option premiums, reduce
overall portfolio volatility and enhance the portfolio’s total
return.
The Fund will (i) invest in an actively managed
portfolio comprised of securities from the S&P/TSX Composite
Index and S&P 500 Index; and (ii) use option writing strategies
from time to time in response to market conditions to generate an
enhanced tax efficient yield. The Fund is also permitted to invest
in public investment funds including exchange-traded funds and
other Mulvihill Funds (provided that no more than 15 percent of the
net asset value of the Fund may be invested in securities of other
Funds managed by Mulvihill and provided there are no duplication of
fees) that provide exposure to such securities.
The Fund will use a quantitative approach to
select securities and will, from time to time employ various
investment strategies, including the use of derivative instruments
to generate income, reduce portfolio volatility and protect
capital. The Fund seeks to achieve a 5 percent yield, with
additional capital growth potential beyond such yield target.
The Fund’s investment portfolio is managed by
its investment manager, Mulvihill Capital Management
Inc. The Fund’s ETF Units are listed on Toronto Stock
Exchange under the symbol MPY.
Selected Financial Information: ($ Millions) |
|
|
Statement of Comprehensive Income |
For the six months ended June 30, 2023
(Unaudited) |
|
|
Loss (including Net Loss on Investments) |
$ |
(0.13) |
Expenses |
(0.59) |
Decrease in Net Assets Attributable to Holders of Class I,
Class F, Class A and ETF Units |
$ |
(0.72) |
|
|
For further information, please contact Investor Relations at
416.681.3966, toll free at 1.800.725.7172 or visit
www.mulvihill.com.
John Germain, Senior Vice-President & CFO |
Mulvihill Capital Management Inc.121 King Street
WestSuite 2600Toronto, Ontario, M5H 3T9416.681.3966;
1.800.725.7172info@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.
Mulvihill Premium Yield (TSX:MPY)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Mulvihill Premium Yield (TSX:MPY)
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부터 5월(5) 2023 으로 5월(5) 2024