Purpose Investments Inc. Announces February Distributions
TORONTO, Feb. 16, 2021 (GLOBE NEWSWIRE) — Purpose Investments Inc. is pleased to announce the following distributions for the month of February 2021. The ex-distribution date for all ETFs is February 23, 2021, with the exception of Purpose High Interest Savings ETF and Purpose US Cash Fund, which have an ex-distribution date of February 25, 2021. The ex-distribution date for all closed-end funds is February 25, 2021.
Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency Purpose Core Dividend Fund – ETF Series PDF $0.0850 1 02/24/2021 03/05/2021 Monthly Purpose Enhanced Dividend Fund – ETF Series PDIV $0.0522 1 02/24/2021 03/05/2021 Monthly Purpose Total Return Bond Fund – ETF Series PBD $0.0520 1 02/24/2021 03/05/2021 Monthly Purpose Real Estate Income Fund – ETF Series PHR $0.0720 1 02/24/2021 03/05/2021 Monthly Purpose Monthly Income Fund – ETF Series PIN $0.0830 1 02/24/2021 03/05/2021 Monthly Purpose Premium Yield Fund – ETF Series PYF $0.0830 1 02/24/2021 03/05/2021 Monthly Purpose Premium Yield Fund Non-Currency Hedged USD – ETF Series PYF.U US $ 0.0885 1 02/24/2021 03/05/2021 Monthly Purpose Premium Yield Fund Non-Currency Hedged – ETF Series PYF.B $0.0885 1 02/24/2021 03/05/2021 Monthly Purpose Canadian Financial Income Fund – ETF Series BNC $0.0850 1 02/24/2021 03/05/2021 Monthly Purpose Conservative Income Fund – ETF Series PRP $0.0540 1 02/24/2021 03/05/2021 Monthly Purpose Enhanced Premium Yield Fund – ETF Series PAYF $0.1181 1 02/24/2021 03/05/2021 Monthly Purpose International Dividend Fund – ETF Units PID $0.0780 02/24/2021 03/05/2021 Monthly Purpose US Dividend Fund – ETF Units PUD $0.0650 02/24/2021 03/05/2021 Monthly Purpose US Dividend Fund Non-Currency Hedged – ETF Units PUD.B $0.0760 02/24/2021 03/05/2021 Monthly Purpose Global Bond Fund – ETF Units BND $0.0585 02/24/2021 03/05/2021 Monthly Purpose High Interest Savings ETF PSA $0.0238 02/25/2021 03/05/2021 Monthly Purpose US Cash Fund – ETF Units PSU.U US$ 0.0188 02/25/2021 03/05/2021 Monthly Purpose Strategic Yield Fund – ETF Units SYLD $0.0970 02/24/2021 03/05/2021 Monthly Purpose Multi-Asset Income Fund – ETF Units PINC $0.0840 02/24/2021 03/05/2021 Monthly Purpose Global Bond Class – ETF Units IGB $0.0602 1 02/24/2021 03/05/2021 Monthly Purpose Canadian Preferred Share Fund – ETF Units RPS $0.0950 02/24/2021 03/05/2021 Monthly Purpose Core Equity Income Fund – ETF Series RDE $0.0650 1 02/24/2021 03/05/2021 Monthly Purpose US Preferred Share Fund – ETF Units RPU $0.0940 02/24/2021 03/05/2021 Monthly Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units 2 RPU.B / RPU.U $0.0940 02/24/2021 03/05/2021 Monthly Purpose Emerging Markets Dividend Fund – ETF Units REM $0.0580 02/24/2021 03/05/2021 Monthly Purpose Floating Rate Income Fund – ETF Units FLOT $0.0297 02/24/2021 03/05/2021 Monthly Purpose Floating Rate Income Fund – Non-Currency Hedged USD – ETF Units FLOT.U US$ 0.0375 02/24/2021 03/05/2021 Monthly Purpose Floating Rate Income Fund – Non-Currency Hedged – ETF Units FLOT.B $0.0365 02/24/2021 03/05/2021 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 02/26/2021 03/12/2021 Monthly U.S. Banks Income & Growth Fund – Class T PUB.UN $0.0417 02/26/2021 03/12/2021 Monthly Canadian Investment Grade Preferred Share Fund – Class T RIGP.UN $0.1146 02/26/2021 03/12/2021 Monthly Big Banc Split Corp – Class A BNK $0.0662 02/26/2021 03/12/2021 Monthly Big Banc Split Corp – Preferred Shares BNK.PR.A $0.0500 02/26/2021 03/12/2021 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 more than $10 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: [email protected]
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.
