Brompton Split Corp. Preferred Share ETF Announces Increased Distributions

TORONTO, Jan. 24, 2024 (GLOBE NEWSWIRE) -- (TSX: SPLT) – Brompton Split Corp. Preferred Share ETF (the “Fund”) launched on June 12, 2023 with an opening net asset value of $10.00 per unit. As of January 23, 2024, the net asset value has grown to $10.31 per unit in part because of capital appreciation in the portfolio and the effects of rates resetting higher within the portfolio. As a result of strong fundamentals in the split preferred asset class, Brompton Funds is pleased to announce an increase in monthly distributions for record dates from January to March 2024:

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