CORRECTION — Brompton Funds Declare Distributions
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.
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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.
