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Purpose Investments Inc. Announces July Distributions

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TORONTO, July 18, 2018 (GLOBE NEWSWIRE) -- Purpose Investments Inc. is pleased to announce the following distributions for the month of July 2018. The ex-distribution date for all ETFs is July 26, 2018, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF, which have an ex-distribution date of July 31, 2018. The ex-distribution date for all Closed End Funds is July 30, 2018.

Open-End Funds Ticker Symbol Distribution
per
share/unit
Record
Date
Payable
Date
Distribution
Frequency
Purpose Core Dividend Fund - ETF Series PDF $0.08501 07/27/2018 08/08/2018 Monthly
Purpose Enhanced Dividend Fund – ETF Series PDIV $0.05221 07/27/2018 08/08/2018 Monthly
Purpose Total Return Bond Fund - ETF Series PBD $0.04481 07/27/2018 08/08/2018 Monthly
Purpose Duration Hedged Real Estate Fund – ETF Series PHR $0.08001 07/27/2018 08/08/2018 Monthly
Purpose Monthly Income Fund - ETF Series PIN $0.08301 07/27/2018 08/08/2018 Monthly
Purpose Premium Yield Fund – ETF Series PYF $0.08301 07/27/2018 08/08/2018 Monthly
Purpose Canadian Financial Income Fund – ETF Series BNC $0.08501 07/27/2018 08/08/2018 Monthly
Purpose Conservative Income Fund – ETF Series PRP $0.05401 07/27/2018 08/08/2018 Monthly
Purpose International Dividend Fund – ETF Units PID $0.0780 07/27/2018 08/08/2018 Monthly
Purpose US Dividend Fund – ETF Units PUD $0.0650 07/27/2018 08/08/2018 Monthly
Purpose US Dividend Fund Non-Currency Hedged – ETF Units PUD.B $0.0737 07/27/2018 08/08/2018 Monthly
Purpose Tactical Investment Grade Bond Fund – ETF Units BND $0.0630 07/27/2018 08/08/2018 Monthly
Purpose Short Duration Tactical Bond Fund – ETF Units SBND $0.0600 07/27/2018 08/08/2018 Monthly
Purpose High Interest Savings ETF PSA $0.0627 07/31/2018 08/08/2018 Monthly
Purpose US Cash ETF PSU.U US$ 0.1724 07/31/2018 08/08/2018 Monthly
Purpose Strategic Yield Fund – ETF Units SYLD $0.0970 07/27/2018 08/08/2018 Monthly
Purpose Multi-Asset Income Fund – ETF Units PINC $0.0840 07/27/2018 08/08/2018 Monthly
Purpose Managed Duration Investment Grade Bond Fund – ETF Units IGB $0.05501 07/27/2018 08/08/2018 Monthly
Purpose Canadian Preferred Share Fund – ETF Units RPS $0.0950 07/27/2018 08/08/2018 Monthly
Purpose Core Equity Income Fund – ETF Series RDE $0.06991 07/27/2018 08/08/2018 Monthly
Purpose US Preferred Share Fund – ETF Units RPU $0.0940 07/27/2018 08/08/2018 Monthly
Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units2 RPU.B /
RPU.U
$0.0940 07/27/2018 08/08/2018 Monthly
Purpose Emerging Markets Dividend Fund – ETF Units REM $0.0403 07/27/2018 08/08/2018 Monthly
Purpose Energy Credit Fund – ETF Units PCF $0.0350 07/27/2018 08/08/2018 Monthly
Purpose Energy Credit Fund – Non-Currency Hedged - ETF Units PCF.U US$ 0.0359 07/27/2018 08/08/2018 Monthly
Purpose Floating Rate Income Fund – ETF Units FLOT $0.0312 07/27/2018 08/08/2018 Monthly
Purpose Floating Rate Income Fund - Non-Currency Hedged – ETF Units FLOT.U US$ 0.0371 07/27/2018 08/08/2018 Monthly
Purpose Global Financials Income Fund – ETF Units PFG $0.0468 07/27/2018 08/08/2018 Monthly
 

 
         
Closed-End Funds Ticker
Symbol
Distribution
per
share/unit
Record
Date
Payable
Date
Distribution
Frequency
Investment Grade Managed Duration Income Fund
– Class T
PFU.UN $0.0417 07/31/2018 08/15/2018 Monthly
Investment Grade Managed Duration Income Fund
– Class A2
unlisted $0.0417 07/31/2018 08/15/2018 Monthly
Limited Duration Investment Grade Preferred Securities Fund
- Class A
PFD.UN $0.1250 07/31/2018 08/15/2018 Monthly
Limited Duration Investment Grade Preferred Securities Fund
- Class F
unlisted $0.1250 07/31/2018 08/15/2018 Monthly
Limited Duration Investment Grade Preferred Securities Fund
- Class U
PFD.U US$ 0.1198 07/31/2018 08/15/2018 Monthly
Limited Duration Investment Grade Preferred Securities Fund
- Class V
unlisted US$ 0.1198 07/31/2018 08/15/2018 Monthly
U.S. Banks Income & Growth Fund – Class T PUB.UN $0.0417 07/31/2018 08/15/2018 Monthly
U.S. Banks Income & Growth Fund – Class A unlisted $0.0417 07/31/2018 08/15/2018 Monthly
U.S. Banks Income & Growth Fund – Class A2 unlisted $0.0417 07/31/2018 08/15/2018 Monthly
Canadian Investment Grade Preferred Share Fund
(P2L) – Class T
RIGP.UN $0.1146 07/31/2018 08/15/2018 Monthly
Canadian Investment Grade Preferred Share Fund
(P2L) – Class A
unlisted $0.1146 07/31/2018 08/15/2018 Monthly

  
      (1)   Dividend is designated as an "eligible" Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
      (2)   Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date.

About Purpose Investments Inc.

Purpose Investments is an asset management firm inspired by the belief that all investors should have access to great investment products along with low fees.  Purpose believes in focusing first on managing risk and creating value that is currently missing from the marketplace, thus empowering all Canadians to be better investors.  Purpose has over $5.7 billion in assets under management and currently offers 50 exchange traded funds and mutual funds and 12 closed-end funds across multiple asset classes and both traditional and alternative investment strategies.

For further information please contact:

Nancy Turner
Purpose Investments Inc.
Tel: (877) 789-1517
Email: info@purposeinvest.com

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

 

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