Partners Value Split Corp. Announces 2026 Semi-Annual Results
TORONTO, Aug. 14, 2026 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company”, TSX: PVS.PR.H, PVS.PR.J, PVS.PR.K, PVS.PR.L, PVS.PR.M, PVS.PR.U, PVS.PR.V) announced today its financial results for the six months ended June 30, 2026. All amounts are in United States dollars (“US dollars”).
Income available for distribution for the six-month period ended June 30, 2026, was $50 million compared to $48 million in the prior year period. The increase in income was primarily due to the increase in the dividend rate by Brookfield Corporation (“BN”, NYSE/TSX: BN) and Brookfield Asset Management Ltd. (“BAM”, NYSE/TSX: BAM). Net comprehensive loss of $729 million was primarily due to unrealized mark-to-market losses on BN and BAM shares, as compared to net comprehensive income of $533 million in the prior year period.
As at June 30, 2026, the market prices of a BN share and a BAM share were $42.59 and $44.85, respectively. As at August 14, 2026, the market prices of a BN share and a BAM share were $43.85 and $54.31, respectively.
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A 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 .
1 The weighted average number of units outstanding during the six months ended June 30, 2026, was 47.9 million (June 30, 2025 – 55.1 million).
As at June 30, 2026, the Company owned 179 million Class A Limited Voting shares of BN, and 25 million Class A Limited Voting shares of BAM, which together generate cash flow through dividend payments that fund quarterly fixed cumulative preferential dividends for the holders of the Company’s preferred shares and provide the holders of the Company’s capital shares the opportunity to participate in any capital appreciation of the Brookfield shares.
Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. BN has three core businesses: alternative asset management, wealth solutions, and its operating businesses which are in energy, infrastructure, business and industrial services, and real estate. BN is publicly traded on the New York and Toronto stock exchanges under the symbol BN and BN.TO, respectively. The Company’s investment in BN represents approximately an 8% interest in BN.
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