TORONTO, Nov. 18, 2022 (GLOBE NEWSWIRE) — North American Financial 15 Split Corp. (the “Company”) announces its regular monthly distribution of $0.11335 per Class A share ($1.3602 annualized) and $0.05625 per Preferred share ($0.675 annualized). Distributions are payable on December 9, 2022 to shareholders of record on November 30, 2022.

Since inception, Class A shareholders have received a total of $15.82 per share and Preferred shareholders have received a total of $9.89 per share including this distribution for a total of $25.71.

The firm invests in a high quality portfolio of 15 financial services companies composed of Canadian and US issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank , National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.