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CORRECTION -- Brompton Funds Declare Distributions

Brompton Funds
Brompton Funds

TORONTO, Oct. 24, 2022 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Brompton Funds, please note that the dates in the paragraph above the Brompton Lifeco Split Corp. distributions should read: "Brompton Funds announces distributions payable on November 14, 2022 to preferred shareholders of record at the close of business on October 31, 2022 for the following fund:" The corrected release follows.

(TSX: CIQ.UN, SSF.UN, DGS, GDV, LBS, LCS.PR.A, PWI, SBC) – Brompton Funds announces distributions as follows for the following funds:

 

Ticker

Amount Per Unit

Canadian High Income Equity Fund (“CIQ”)

CIQ.UN

$

0.04

Symphony Floating Rate Senior Loan Fund (“SSF”)

SSF.UN

$

0.05


Record Dates and Payment Dates are as follows:

Record Date

Payment Date

October 31, 2022

November 14, 2022

November 30, 2022

December 14, 2022

December 30, 2022

January 16, 2023


Symphony Floating Rate Senior Loan Fund announces a distribution in the amount of US$0.047 per Class U Unit for the above noted record and payment dates.

Brompton Funds announces distributions payable on November 14, 2022 to class A shareholders of record at the close of business on October 31, 2022 for each of the following funds:

 

Ticker

Amount Per Share

Global Dividend Growth Split Corp. (“GDV”)

GDV

$

0.10

Life & Banc Split Corp. (“LBS”)

LBS

$

0.10

Sustainable Power & Infrastructure Split Corp. (“PWI”)

PWI

$

0.06667

Brompton Split Banc Corp. (“SBC”)

SBC

$

0.10

 

 

 

 

Brompton Funds announces distributions payable on November 14, 2022 to preferred shareholders of record at the close of business on October 31, 2022 for the following fund:

 

Ticker

Amount Per Share

Brompton Lifeco Split Corp.

LCS.PR.A

$

0.15625

 

 

 

 

Unitholders of CIQ and class A and class U unitholders of SSF and class A shareholders of GDV, LBS, PWI and SBC are reminded that these funds offer distribution reinvestment plans (“DRIP”) which provide holders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth. Holders can enroll in a DRIP program by contacting their investment advisor.

In accordance with its articles of incorporation in order to preserve the net asset value, the distribution for the month of October will not be paid on the class A shares of Dividend Growth Split Corp. (“DGS”) as the net asset value per unit (consisting of one class A share and one preferred share) as at October 20, 2022 (after taking into account the potential payment of the distribution) was less than $15.00. DGS will re-evaluate the payment of class A share distributions in each month with the expectation that monthly distributions will be announced if the net asset value per unit meets this requirement.

About Brompton Funds
Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including TSX traded closed-end funds and exchange-traded funds. For further information, please contact your investment advisor, call Brompton’s investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@bromptongroup.com or visit our website at www.bromptongroup.com.

You will usually pay brokerage fees to your dealer if you purchase or sell units or shares of the investment funds on the Toronto Stock Exchange or other alternative Canadian trading system (an “exchange”). If the units or shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the investment fund and may receive less than the current net asset value when selling them.

There are ongoing fees and expenses associated with owning units or shares of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about a fund in the public filings available at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this document and to other matters identified in public filings relating to the funds, to the future outlook of the funds and anticipated events or results and may include statements regarding the future financial performance of the funds. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.