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Purpose Investments Inc. Announces October Distributions

By October 19, 2018 No Comments

Purpose Investments Inc. is pleased to announce the following distributions for the month of October 2018. The ex-distribution date for all ETFs is October 26, 2018, with the exception of Purpose High Interest Savings ETF and Purpose US Cash ETF, which have an ex-distribution date of October 31, 2018. The ex-distribution date for all closed-end funds is October 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 10/29/2018 11/07/2018 Monthly
Purpose Enhanced Dividend Fund – ETF Series PDIV $ 0.05221 10/29/2018 11/07/2018 Monthly
Purpose Total Return Bond Fund – ETF Series PBD $ 0.05861 10/29/2018 11/07/2018 Monthly
Purpose Duration Hedged Real Estate Fund – ETF Series PHR $ 0.08001 10/29/2018 11/07/2018 Monthly
Purpose Monthly Income Fund – ETF Series PIN $ 0.08301 10/29/2018 11/07/2018 Monthly
Purpose Premium Yield Fund – ETF Series PYF $ 0.08301 10/29/2018 11/07/2018 Monthly
Purpose Canadian Financial Income Fund – ETF Series BNC $ 0.08501 10/29/2018 11/07/2018 Monthly
Purpose Conservative Income Fund – ETF Series PRP $ 0.05401 10/29/2018 11/07/2018 Monthly
Purpose International Dividend Fund – ETF Units PID $ 0.0780 10/29/2018 11/07/2018 Monthly
Purpose US Dividend Fund – ETF Units PUD $ 0.0650 10/29/2018 11/07/2018 Monthly
Purpose US Dividend Fund Non-Currency Hedged – ETF Units PUD.B $ 0.0760 10/29/2018 11/07/2018 Monthly
Purpose Tactical Investment Grade Bond Fund – ETF Units BND $ 0.0630 10/29/2018 11/07/2018 Monthly
Purpose Short Duration Tactical Bond Fund – ETF Units SBND $ 0.0600 10/29/2018 11/07/2018 Monthly
Purpose High Interest Savings ETF PSA $ 0.0862 10/31/2018 11/07/2018 Monthly
Purpose US Cash ETF PSU.U US$ 0.1865 10/31/2018 11/07/2018 Monthly
Purpose Strategic Yield Fund – ETF Units SYLD $ 0.0970 10/29/2018 11/07/2018 Monthly
Purpose Multi-Asset Income Fund – ETF Units PINC $ 0.0840 10/29/2018 11/07/2018 Monthly
Purpose Managed Duration Investment Grade Bond Fund – ETF Units IGB $ 0.05001 10/29/2018 11/07/2018 Monthly
Purpose Canadian Preferred Share Fund – ETF Units RPS $ 0.0950 10/29/2018 11/07/2018 Monthly
Purpose Core Equity Income Fund – ETF Series RDE $ 0.06661 10/29/2018 11/07/2018 Monthly
Purpose US Preferred Share Fund – ETF Units RPU $ 0.0940 10/29/2018 11/07/2018 Monthly
Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units2 RPU.B / RPU.U $ 0.0940 10/29/2018 11/07/2018 Monthly
Purpose Emerging Markets Dividend Fund – ETF Units REM $ 0.0403 10/29/2018 11/07/2018 Monthly
Purpose Energy Credit Fund – ETF Units PCF $ 0.0350 10/29/2018 11/07/2018 Monthly
Purpose Energy Credit Fund – Non-Currency Hedged – ETF Units PCF.U US$ 0.0359 10/29/2018 11/07/2018 Monthly
Purpose Floating Rate Income Fund – ETF Units FLOT $ 0.0312 10/29/2018 11/07/2018 Monthly
Purpose Floating Rate Income Fund – Non-Currency Hedged USD – ETF Units FLOT.U US$ 0.0371 10/29/2018 11/07/2018 Monthly
Purpose Floating Rate Income Fund – Non-Currency Hedged – ETF Units FLOT.B $ 0.0352 10/29/2018 11/07/2018 Monthly
Purpose Global Financials Income Fund – ETF Units PFG $ 0.0468 10/29/2018 11/07/2018 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 10/31/2018 11/15/2018 Monthly
U.S. Banks Income & Growth Fund – Class T PUB.UN $ 0.0417 10/31/2018 11/15/2018 Monthly
U.S. Banks Income & Growth Fund – Class A2 unlisted $ 0.0417 10/31/2018 11/15/2018 Monthly
Canadian Investment Grade Preferred Share Fund (P2L) – Class T RIGP.UN $ 0.1146 10/31/2018 11/15/2018 Monthly
Canadian Investment Grade Preferred Share Fund (P2L) – Class A unlisted $ 0.1146 10/31/2018 11/15/2018 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 company with approximately $6.3 billion under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.

 

For further information please contact:

Matt Padanyi

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.