TORONTO, Oct. 20, 2017 (GLOBE NEWSWIRE) -- Purpose Investments Inc. is pleased to announce the following
distributions for the month of October 2017. The ex-distribution date for all funds is October 30, 2017, with the exception of the
Purpose High Interest Savings ETF and the Purpose US Cash ETF, which have an ex-distribution date of October 31, 2017.
|
Open-End Funds |
TSX
Symbol |
Distribution
per share/unit |
Record
Date |
Payable
Date |
Distribution
Frequency |
| Purpose Core
Dividend Fund - ETF Series |
PDF |
$0.08501 |
10/31/2017 |
11/07/2017 |
Monthly |
| Purpose Total
Return Bond Fund - ETF Series |
PBD |
$0.07701 |
10/31/2017 |
11/07/2017 |
Monthly |
| Purpose
Duration Hedged Real Estate Fund – ETF Series |
PHR |
$0.08001 |
10/31/2017 |
11/07/2017 |
Monthly |
| Purpose
Monthly Income Fund - ETF Series |
PIN |
$0.08301 |
10/31/2017 |
11/07/2017 |
Monthly |
| Purpose
Premium Yield Fund – ETF Series |
PYF |
$0.08301 |
10/31/2017 |
11/07/2017 |
Monthly |
| Purpose
Canadian Financial Income Fund – ETF Series |
BNC |
$0.08001 |
10/31/2017 |
11/07/2017 |
Monthly |
| Purpose
Conservative Income Fund – ETF Series |
PRP |
$0.05001 |
10/31/2017 |
11/07/2017 |
Monthly |
| Purpose
International Dividend Fund – ETF Units |
PID |
$0.0662 |
10/31/2017 |
11/07/2017 |
Monthly |
| Purpose US
Dividend Fund – ETF Units |
PUD |
$0.0600 |
10/31/2017 |
11/07/2017 |
Monthly |
| Purpose US
Dividend Fund Non-Currency Hedged – ETF Units |
PUD.B |
$0.0687 |
10/31/2017 |
11/07/2017 |
Monthly |
| Purpose
Tactical Investment Grade Bond Fund – ETF Units |
BND |
$0.0600 |
10/31/2017 |
11/07/2017 |
Monthly |
| Purpose Short
Duration Tactical Bond Fund – ETF Units |
SBND |
$0.0600 |
10/31/2017 |
11/07/2017 |
Monthly |
| Purpose High
Interest Savings ETF |
PSA |
$0.0505 |
10/31/2017 |
11/07/2017 |
Monthly |
| Purpose US
Cash ETF |
PSU.U |
US$
0.0940 |
10/31/2017 |
11/07/2017 |
Monthly |
| |
|
|
|
|
|
|
Closed-End Funds |
TSX
Symbol |
Distribution
per share/unit |
Record
Date |
Payable
Date |
Distribution
Frequency |
| Energy Credit
Opportunities Income Fund – Class A |
PCF.UN |
$0.0500 |
10/31/2017 |
11/15/2017 |
Monthly |
| Energy Credit
Opportunities Income Fund – Class U |
PCF.U |
US$
0.0500 |
10/31/2017 |
11/15/2017 |
Monthly |
| Investment
Grade Managed Duration Income Fund – Class T |
PFU.UN |
$0.0417 |
10/31/2017 |
11/15/2017 |
Monthly |
| Investment
Grade Managed Duration Income Fund – Class A |
unlisted |
$0.0417 |
10/31/2017 |
11/15/2017 |
Monthly |
| Investment
Grade Managed Duration Income Fund – Class A2 |
unlisted |
$0.0417 |
10/31/2017 |
11/15/2017 |
Monthly |
| Limited
Duration Investment Grade Preferred Securities Fund - Class A |
PFD.UN |
$0.1250 |
10/31/2017 |
11/15/2017 |
Monthly |
| Limited
Duration Investment Grade Preferred Securities Fund - Class F |
unlisted |
$0.1250 |
10/31/2017 |
11/15/2017 |
Monthly |
| Limited
Duration Investment Grade Preferred Securities Fund - Class U |
PFD.U |
US$
0.1198 |
10/31/2017 |
11/15/2017 |
Monthly |
| Limited
Duration Investment Grade Preferred Securities Fund - Class V |
unlisted |
US$
0.1198 |
10/31/2017 |
11/15/2017 |
Monthly |
| U.S. Banks
Income & Growth Fund – Class T |
PUB.UN |
$0.0417 |
10/31/2017 |
11/15/2017 |
Monthly |
| U.S. Banks
Income & Growth Fund – Class A |
unlisted |
$0.0417 |
10/31/2017 |
11/15/2017 |
Monthly |
| U.S. Banks
Income & Growth Fund – Class A2 |
unlisted |
$0.0417 |
10/31/2017 |
11/15/2017 |
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.
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 $3.5 billion
in assets under management and currently offers 35 exchange traded funds and mutual funds and 7 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.
