Split Yield Corporation

Split Yield Corporation

September 25, 2009 12:04 ET

Split Yield Corporation: Financial Results for the Six Months Ending July 31, 2009

TORONTO, ONTARIO--(Marketwire - Sept. 25, 2009) - Split Yield Corporation ("Split Yield") reports financial results for the six months ending July 31, 2009.

The six month period ending July 31, 2009 was one of the most tumultuous periods in financial market history. Against this backdrop, the market prices of the stocks in the portfolio mirrored this activity reaching lows in early March but recovering significantly by the end of July. The net asset value per unit (a unit consists of one Class I Preferred share, one Class II Preferred share and one Capital share) increased by $3.43 to $18.66 per unit as at July 31, 2009.

Selected Financial Information from the Statement of Operations:
For the six months ending July 31, 2009

($ Millions)

Income 0.522

Expenses (0.202)

Net investment income 0.320

Realized option premiums and gain (loss) on sale of investments (0.303)

Change in unrealized appreciation of investments 4.964

Increase in net assets from operations before distributions 4.981

Comparative financial information is available in documents filed on

Split Yield Corporation is an actively managed mutual fund corporation that invests primarily in common shares of companies included in the S&P/TSX 60 Index and the S&P 100 Index. To generate additional returns above the dividend income earned in the portfolio, the Corporation will from time to time write covered call options in respect to all or part of the common shares in the portfolio.

Contact Information

  • Split Yield Corporation
    Investor Relations
    416-304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)