TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company”, TSX:PVS, PVS.PR.H, PVS.PR.J, PVS.PR.K, PVS.PR.L, PVS.PR.M) announced today that the net asset value per unit was $157.55 as at June 30, 2025. All amounts are in U.S. dollars.
Income available for distribution for the six month period ended June 30, 2025, was $48 million compared to $42 million in the prior year period. The increase in income was primarily due to the increase in the dividend rate by Brookfield Corporation ((“BN”, TSX:BN) and Brookfield Asset Management Ltd. ((“BAM”, TSX:BAM). Net comprehensive income of $533 million increased compared to the prior period primarily due to higher unrealized mark-to-market gains on BN and BAM shares. On a per share basis, the fair value of a BN share was $61.85 as at June 30, 2025 (December 31, 2024 – $57.45), and the fair value of a BAM share was $55.28 as at June 30, 2025 (December 31, 2024 – $54.19).
Net asset value per unit consists of one preferred share and one capital share. The net asset value per unit is posted monthly on our website at www.partnersvaluesplit.com.
STATEMENTS OF COMPREHENSIVE INCOME
| (Unaudited) For the six months ended June 30 (Thousands of US dollars, except per unit amounts) |
2025 | 2024 | |||||
| Income | |||||||
| Dividend income | $ | 47,695 | $ | 41,864 | |||
| Other investment income | 798 | 695 | |||||
| 48,493 | 42,559 | ||||||
| Expenses | |||||||
| Management fees | (17 | ) | (18 | ) | |||
| Administrative and other | (217 | ) | |||||