Purpose Investments Inc. Announces September Distributions

Purpose Investments Inc. is pleased to announce the following distributions for the month of September 2020. The ex-distribution date for all ETFs is September 25, 2020, with the exception of Purpose High Interest Savings ETF and Purpose US Cash ETF, which have an ex-distribution date of September 29, 2020. The ex-distribution date for all closed-end funds is September 29, 2020.

Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency
Purpose Core Dividend Fund – ETF Series PDF $0.08501 09/28/2020 10/07/2020 Monthly
Purpose Enhanced Dividend Fund – ETF Series PDIV $0.05221 09/28/2020 10/07/2020 Monthly
Purpose Total Return Bond Fund – ETF Series PBD $0.05201 09/28/2020 10/07/2020 Monthly
Purpose Duration Hedged Real Estate Fund – ETF Series PHR $0.06001 09/28/2020 10/07/2020 Monthly
Purpose Monthly Income Fund – ETF Series PIN $0.08301 09/28/2020 10/07/2020 Monthly
Purpose Premium Yield Fund – ETF Series PYF $0.08301 09/28/2020 10/07/2020 Monthly
Purpose Premium Yield Fund Non-Currency Hedged USD – ETF Series PYF.U US $ 0.08851 09/28/2020 10/07/2020 Monthly
Purpose Premium Yield Fund Non-Currency Hedged – ETF Series PYF.B $0.08851 09/28/2020 10/07/2020 Monthly
Purpose Canadian Financial Income Fund – ETF Series BNC $0.08501 09/28/2020 10/07/2020 Monthly
Purpose Conservative Income Fund – ETF Series PRP $0.05401 09/28/2020 10/07/2020 Monthly
Purpose International Tactical Hedged Equity Fund – ETF Series PHW $0.10001 09/28/2020 10/07/2020 Quarterly
Purpose Diversified Real Asset Fund – ETF Series PRA $0.07501 09/28/2020 10/07/2020 Quarterly
Purpose Enhanced Premium Yield Fund – ETF Series PAYF $0.11811 09/28/2020 10/07/2020 Monthly
Purpose International Dividend Fund – ETF Units PID $0.0780 09/28/2020 10/07/2020 Monthly
Purpose US Dividend Fund – ETF Units PUD $0.0650 09/28/2020 10/07/2020 Monthly
Purpose US Dividend Fund Non-Currency Hedged – ETF Units PUD.B $0.0760 09/28/2020 10/07/2020 Monthly
Purpose Global Bond Fund – ETF Units BND $0.0585 09/28/2020 10/07/2020 Monthly
Purpose High Interest Savings ETF PSA $0.0272 09/29/2020 10/07/2020 Monthly
Purpose US Cash ETF PSU.U US$ 0.0215 09/29/2020 10/07/2020 Monthly
Purpose Strategic Yield Fund – ETF Units SYLD $0.0970 09/28/2020 10/07/2020 Monthly
Purpose Multi-Asset Income Fund – ETF Units PINC $0.0840 09/28/2020 10/07/2020 Monthly
Purpose Global Bond Class – ETF Units IGB $0.06021 09/28/2020 10/07/2020 Monthly
Purpose Canadian Preferred Share Fund – ETF Units RPS $0.0950 09/28/2020 10/07/2020 Monthly
Purpose Core Equity Income Fund – ETF Series RDE $0.06501 09/28/2020 10/07/2020 Monthly
Purpose US Preferred Share Fund – ETF Units RPU $0.0940 09/28/2020 10/07/2020 Monthly
Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units2 RPU.B / RPU.U $0.0940 09/28/2020 10/07/2020 Monthly
Purpose Emerging Markets Dividend Fund – ETF Units REM $0.0580 09/28/2020 10/07/2020 Monthly
Purpose Floating Rate Income Fund – ETF Units FLOT $0.0297 09/28/2020 10/07/2020 Monthly
Purpose Floating Rate Income Fund – Non-Currency Hedged USD – ETF Units FLOT.U US$ 0.0375 09/28/2020 10/07/2020 Monthly
Purpose Floating Rate Income Fund – Non-Currency Hedged – ETF Units FLOT.B $0.0365 09/28/2020 10/07/2020 Monthly
Purpose Marijuana Opportunities Fund – ETF Units MJJ $0.0450 09/28/2020 10/07/2020 Quarterly
 

 

         
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 09/30/2020 10/15/2020 Monthly
U.S. Banks Income & Growth Fund – Class T PUB.UN $0.0417 09/30/2020 10/15/2020 Monthly
Canadian Investment Grade Preferred Share Fund – Class T RIGP.UN $0.1146 09/30/2020 10/15/2020 Monthly
June 2021 Investment Grade Bond Pool – Class T RBP.UN $0.0887 09/30/2020 10/15/2020 Quarterly
Big Banc Split Corp – Class A BNK $0.21533 09/30/2020 10/15/2020 Monthly
Big Banc Split Corp – Preferred Shares BNK.PR.A $0.16073 09/30/2020 10/15/2020 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.
  3. The first distribution of Big Banc Split Corp. is prorated to reflect the period from the closing date of June 24, 2020 to September 30, 2020.

About Purpose Investments Inc.

Purpose Investments is an asset management company with more than $9-billion in assets 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 

See Campaign: http://purposeinvest.com
Contact Information:
Matt Padanyi
Purpose Investments Inc.
Tel: (877) 789-1517
Email:info@purposeinvest.com

Tags:
, Wire, Disclosure Newswire, United States, English

image

Contact Information:

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

Asiya