New Zealand markets open in 1 hour 49 minutes
  • NZX 50

    11,102.84
    -70.53 (-0.63%)
     
  • NZD/USD

    0.6477
    -0.0001 (-0.02%)
     
  • ALL ORDS

    7,339.30
    -52.40 (-0.71%)
     
  • OIL

    113.91
    +3.58 (+3.24%)
     
  • GOLD

    1,849.80
    +3.50 (+0.19%)
     

Purpose Investments Inc. Announces January Distributions

·5-min read

TORONTO, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of January 2022 for its open-end exchange traded funds and closed-end funds (“the Funds”).

The ex-distribution date for all ETFs is January 26, 2022, with the exception of Purpose High Interest Savings ETF, Purpose US Cash Fund, which have an ex-distribution date of January 28, 2022. The ex-distribution date for Purpose Bitcoin Yield ETF, and Purpose Ether Yield ETF is January 27, 2022. The ex-distribution date for all closed-end funds is January 28, 2022.

Open-End Funds

Ticker Symbol

Distribution
per share/unit

Record Date

Payable Date

Distribution
Frequency

Purpose Core Dividend Fund - ETF Series

PDF

$0.08501

01/27/2022

02/07/2022

Monthly

Purpose Enhanced Dividend Fund – ETF Series

PDIV

$0.05221

01/27/2022

02/07/2022

Monthly

Purpose Total Return Bond Fund - ETF Series

PBD

$0.05201

01/27/2022

02/07/2022

Monthly

Purpose Real Estate Income Fund – ETF Series

PHR

$0.07201

01/27/2022

02/07/2022

Monthly

Purpose Monthly Income Fund - ETF Series

PIN

$0.08301

01/27/2022

02/07/2022

Monthly

Purpose Premium Yield Fund – ETF Series

PYF

$0.08301

01/27/2022

02/07/2022

Monthly

Purpose Premium Yield Fund Non-Currency Hedged USD – ETF Series

PYF.U

US $ 0.08851

01/27/2022

02/07/2022

Monthly

Purpose Premium Yield Fund Non-Currency Hedged – ETF Series

PYF.B

$0.08851

01/27/2022

02/07/2022

Monthly

Purpose Canadian Financial Income Fund – ETF Series

BNC

$0.08501

01/27/2022

02/07/2022

Monthly

Purpose Conservative Income Fund – ETF Series

PRP

$0.05401

01/27/2022

02/07/2022

Monthly

Purpose Enhanced Premium Yield Fund – ETF Series

PAYF

$0.11811

01/27/2022

02/07/2022

Monthly

Purpose International Dividend Fund – ETF Units

PID

$0.0780

01/27/2022

02/07/2022

Monthly

Purpose US Dividend Fund – ETF Units

PUD

$0.0650

01/27/2022

02/07/2022

Monthly

Purpose US Dividend Fund Non-Currency Hedged – ETF Units

PUD.B

$0.0760

01/27/2022

02/07/2022

Monthly

Purpose Global Bond Fund – ETF Units

BND

$0.0585

01/27/2022

02/07/2022

Monthly

Purpose High Interest Savings ETF

PSA

$0.0213

01/28/2022

02/07/2022

Monthly

Purpose US Cash Fund – ETF Units

PSU.U

US$ 0.0215

01/28/2022

02/07/2022

Monthly

Purpose Strategic Yield Fund – ETF Units

SYLD

$0.0970

01/27/2022

02/07/2022

Monthly

Purpose Multi-Asset Income Fund – ETF Units

PINC

$0.0840

01/27/2022

02/07/2022

Monthly

Purpose Global Bond Class – ETF Units

IGB

$0.06021

01/27/2022

02/07/2022

Monthly

Purpose Canadian Preferred Share Fund – ETF Units

RPS

$0.0950

01/27/2022

02/07/2022

Monthly

Purpose Core Equity Income Fund – ETF Series

RDE

$0.06501

01/27/2022

02/07/2022

Monthly

Purpose US Preferred Share Fund – ETF Units

RPU

$0.0940

01/27/2022

02/07/2022

Monthly

Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units2

RPU.B / RPU.U

$0.0940

01/27/2022

02/07/2022

Monthly

Purpose Emerging Markets Dividend Fund – ETF Units

REM

$0.0580

01/27/2022

02/07/2022

Monthly

Purpose Global Flexible Credit Fund – ETF Units

FLX

$0.0297

01/27/2022

02/07/2022

Monthly

Purpose Global Flexible Credit Fund - Non-Currency Hedged USD – ETF Units

FLX.U

US$ 0.0375

01/27/2022

02/07/2022

Monthly

Purpose Global Flexible Credit Fund - Non-Currency Hedged – ETF Units

FLX.B

$0.0365

01/27/2022

02/07/2022

Monthly

Black Diamond Global Equity Fund – ETF Units

BDEQ

$0.0112

01/27/2022

02/07/2022

Monthly

Black Diamond Distressed Opportunities Fund – ETF Units

BDOP

$0.0075

01/27/2022

02/07/2022

Monthly

Purpose Global Climate Opportunities Fund – ETF Units

CLMT

$0.0100

01/27/2022

02/07/2022

Monthly

Purpose Credit Opportunities Fund – ETF Units

CROP

$0.0875

01/27/2022

02/07/2022

Monthly

Purpose Bitcoin Yield ETF – ETF Units

BTCY

$0.0785

01/27/2022

02/07/2022

Monthly

Purpose Bitcoin Yield ETF – ETF Non-Currency hedged Units

BTCY.B

$0.0800

01/27/2022

02/07/2022

Monthly

Purpose Bitcoin Yield ETF – ETF Units Non-Currency Hedged USD Units

BTCY.U

US$ 0.0980

01/27/2022

02/07/2022

Monthly

Purpose Ether Yield ETF – ETF Units

ETHY

$0.1000

01/27/2022

02/07/2022

Monthly

Purpose Ether Yield ETF – ETF Non-Currency hedged Units

ETHY.B

$0.1090

01/27/2022

02/07/2022

Monthly

Purpose Ether Yield ETF – ETF Units Non-Currency Hedged USD Units

ETHY.U

US$ 0.1250

01/27/2022

02/07/2022

Monthly

Closed-End Funds

Ticker Symbol

Distribution
per share/unit

Record Date

Payable Date

Distribution
Frequency

Canadian Investment Grade Preferred Share Fund – Class T

RIGP.UN

$0.1146

01/31/2022

02/14/2022

Monthly

Big Banc Split Corp – Class A

BNK

$0.06621

01/31/2022

02/14/2022

Monthly

Big Banc Split Corp – Preferred Shares

BNK.PR.A

$0.05001

01/31/2022

02/14/2022

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 approximately $14 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 Unlimited, an independent technology-driven financial services company.

For further information please contact:
Keera Hart
Keera.Hart@kaiserpartners.com
905-580-1257

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.


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting