The latest monthly report states that the portfolio has a yield of 6.75%. The MER is .85%; therefore, the trust is earning about 5.9%. The announcement pertaining to the increase in distribution states that the distribution will equal 8.85% of the NTA. Thus, I'd expect 8.85 - 5.9 = 2.95% of the yield to be the return of capital. Stated alternatively, about 1/3 of the monthly distribution will be the return of capital (2.95 / 8.85).
NBI Price at posting:
$1.38 Sentiment: None Disclosure: Not Held