Purpose Investments Inc. Announces January Distributions
/EINPresswire.com/ -- TORONTO, ON--(Marketwired - January 20, 2016) - Purpose Investments Inc. is pleased to announce the following distributions for the month of January 2016. The ex-distribution date for all funds is January 27, 2016, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of January 29, 2016.
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Open-End Funds TSX Distribution
Symbol per share/unit
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Purpose Core Dividend Fund - ETF PDF $ 0.0750(1)
Series
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Purpose Total Return Bond Fund - ETF PBD $ 0.0430(1)
Series
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Purpose Duration Hedged Real Estate PHR $ 0.0800(1)
Fund - ETF Series
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Purpose Monthly Income Fund - ETF PIN $ 0.0830(1)
Series
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Purpose US Dividend Fund - ETF Class PUD $ 0.0620
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Purpose US Dividend Fund Non-Currency PUD.B $ 0.0600
Hedged - ETF Class
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Purpose International Dividend Fund - PID $ 0.0600
ETF Class
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Purpose High Interest Savings ETF PSA $ 0.0390
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Purpose Tactical Investment Grade BND $ 0.0560
Bond Fund - ETF Class
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Open-End Funds Record Payable Distribution
Date Date Frequency
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Purpose Core Dividend Fund - ETF 01/29/2016 02/05/2016 Monthly
Series
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Purpose Total Return Bond Fund - ETF 01/29/2016 02/05/2016 Monthly
Series
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Purpose Duration Hedged Real Estate 01/29/2016 02/05/2016 Monthly
Fund - ETF Series
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Purpose Monthly Income Fund - ETF 01/29/2016 02/05/2016 Monthly
Series
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Purpose US Dividend Fund - ETF Class 01/29/2016 02/05/2016 Monthly
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Purpose US Dividend Fund Non-Currency 01/29/2016 02/05/2016 Monthly
Hedged - ETF Class
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Purpose International Dividend Fund - 01/29/2016 02/05/2016 Monthly
ETF Class
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Purpose High Interest Savings ETF 01/29/2016 02/05/2016 Monthly
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Purpose Tactical Investment Grade 01/29/2016 02/05/2016 Monthly
Bond Fund - ETF Class
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TSX Distribution
Closed-End Funds Symbol per share/unit
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Energy Credit Opportunities Income
Fund - Class A PCF.UN $ 0.050
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Energy Credit Opportunities Income
Fund - Class U PCF.U US$ 0.050
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Investment Grade Managed Duration
Income Fund - Class A unlisted $ 0.0417
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Investment Grade Managed Duration
Income Fund - Class T PFU.UN $ 0.0417
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U.S. Banks Income & Growth Fund -
Class A unlisted $ 0.0417
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U.S. Banks Income & Growth Fund -
Class T PUB.UN $ 0.0417
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Limited Duration Investment Grade
Preferred Securities Fund - Class A PFD.UN $ 0.125
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Limited Duration Investment Grade
Preferred Securities Fund - Class F unlisted $ 0.125
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Limited Duration Investment Grade
Preferred Securities Fund - Class U PFD.U US$ 0.1198
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Limited Duration Investment Grade
Preferred Securities Fund - Class V unlisted US$ 0.1198
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Record Payable Distribution
Closed-End Funds Date Date Frequency
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Energy Credit Opportunities Income
Fund - Class A 01/29/2016 02/12/2016 Monthly
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Energy Credit Opportunities Income
Fund - Class U 01/29/2016 02/12/2016 Monthly
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Investment Grade Managed Duration
Income Fund - Class A 01/29/2016 02/12/2016 Monthly
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Investment Grade Managed Duration
Income Fund - Class T 01/29/2016 02/12/2016 Monthly
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U.S. Banks Income & Growth Fund -
Class A 01/29/2016 02/12/2016 Monthly
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U.S. Banks Income & Growth Fund -
Class T 01/29/2016 02/12/2016 Monthly
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Limited Duration Investment Grade
Preferred Securities Fund - Class A 01/29/2016 02/12/2016 Monthly
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Limited Duration Investment Grade
Preferred Securities Fund - Class F 01/29/2016 02/12/2016 Monthly
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Limited Duration Investment Grade
Preferred Securities Fund - Class U 01/29/2016 02/12/2016 Monthly
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Limited Duration Investment Grade
Preferred Securities Fund - Class V 01/29/2016 02/12/2016 Monthly
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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 $1.7 billion in assets under management and currently offers 15 exchange traded funds and mutual funds and 5 closed-end funds across multiple asset classes and both traditional and alternative investment strategies.
Purpose is the manager of NexC Partners Corp. (TSX: NXC), an investment corporation which invests in a portfolio of North American dividend-paying equity securities, plus owns an equity stake in Purpose.
For further information please contact:
Dan Rubin
Vice President, Marketing
Purpose Investments Inc.
Tel: (877) 789-1517
Email: info@purposeinvest.com
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