Subject: v
Brompton Funds Declare Distributions
TORONTO, April 21, 2023 (GLOBE NEWSWIRE) -- (TSX: CIQ.UN, SSF.UN, DGS, GDV, LBS, LCS, 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 |
| April 28, 2023 | May 12, 2023 |
| May 31, 2023 | June 14, 2023 |
| June 30, 2023 | July 17, 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 May 12, 2023 to class A shareholders of record at the close of business on April 28, 2023 for each of the following funds:
| Ticker | Amount Per Share | ||
| Dividend Growth Split Corp. ("DGS") | DGS | $ | 0.10 |
| Global Dividend Growth Split Corp. ("GDV") | GDV | $ | 0.10 |
| Life & Banc Split Corp. ("LBS") | LBS | $ | 0.10 |
| Brompton Lifeco Split Corp. ("LCS") | LCS | $ | 0.075 |
| Sustainable Power & Infrastructure Split Corp. ("PWI") | PWI | $ | 0.06667 |
| Brompton Split Banc Corp. ("SBC") | SBC | $ | 0.10 |
Brompton Funds announces distributions payable May 12, 2023 to preferred shareholders of record at the close of business on April 28, 2023 for the following fund:
| Ticker | Amount Per Share | ||
| Brompton Lifeco Split Corp. | LCS.PR.A | $ | 0.15625 |
Distributions for the class A share of Divided Growth Split Corp ("DGS") are being announced for April as the most recently calculated net asset value per unit of DGS as at April 20, 2023, (after taking into account the payment of cash distributions) was greater than $15.00. In accordance with the articles for DGS, cash distributions may be paid on the class A shares provided that (a) the distributions payable on the preferred shares are not in arrears, and (b) after the payment of a cash distribution, the net asset value per unit is not less than $15.00. Each month, DGS reviews whether the net asset value per unit meets these requirements in order to determine if the class A share distribution will be announced for such month.
Unitholders of CIQ and class A and class U unitholders of SSF and class A shareholders of DGS, GDV, LBS, LCS, PWI and SBC 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.
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 [email protected] 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.
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