Brompton Funds Announces New Distributions for Investors

Brompton Funds Distribution Announcement

In a significant update for investors, Brompton Funds has declared distributions scheduled for October 15, 2024. This announcement comes as a welcome news for class A shareholders who are expected to benefit from the distributions on record by September 30, 2024. The distribution covers several funds, showcasing Brompton’s commitment to providing value to its shareholders.

Details of the Distributions

Among the key funds included in this distribution announcement are:

Dividend Growth Split Corp. (DGS)

This fund is offering a distribution of $0.10 per share, aimed at enhancing the value for its investors. With a focus on dividend growth, the fund strategically targets investments that are showing solid growth potential.

Global Dividend Growth Split Corp. (GDV)

Also included is the Global Dividend Growth Split Corp., which similarly has a distribution of $0.10 per share. This fund emphasizes a diversified approach to investment, underlining the importance of global investment opportunities that can generate income.

Life & Banc Split Corp. (LBS)

Another noteworthy mention is the Life & Banc Split Corp. This fund will also be distributing $0.10 per share, showing its consistent profitability and steadfast commitment to shareholder returns.

Brompton Lifeco Split Corp. and Others

The Brompton Lifeco Split Corp. is set to distribute $0.075 per share. Other mentioned funds like the Sustainable Power & Infrastructure Split Corp. (PWI) and Brompton Split Banc Corp. (SBC) are also on board with notable distributions of $0.06667 and $0.10 per share, respectively.

Preferred Shareholder Distributions

In addition to the class A distributions, Brompton Funds has also announced distributions for preferred shareholders, also effective on October 15, 2024. This reflects the company’s dedication to providing value to all of its investors.

Funds for Preferred Shareholders

The Brompton Energy Split Corp. (ESP.PR.A) leads this segment with a significant distribution of $0.20625 per share. Furthermore, Global Dividend Growth Split Corp. (GDV.PR.A) and Life & Banc Split Corp. (LBS.PR.A) will be offering distributions of $0.1250 and $0.18125, respectively. The Sustainable Power & Infrastructure Split Corp. (PWI.PR.A) and Brompton Split Banc Corp. (SBC.PR.A) are providing distributions of $0.1250 and $0.15625.

Benefits of Distribution Reinvestment Plans

Brompton Funds encourages its class A shareholders to take advantage of its distribution reinvestment plans, commonly known as DRIP. By enrolling in this program, shareholders can reinvest their distributions without any commission fees, which aids in compound growth over time.

About Brompton Funds

Founded in 2000, Brompton Funds has established itself as a reliable investment fund manager, offering a diverse array of income and growth-focused investment solutions. Their portfolio includes various exchange-traded funds (ETFs) and other TSX-traded investment vehicles. For inquiries, investors can reach out to their investment advisors or contact Brompton's investor relations line at 416-642-6000 (or toll-free at 1-866-642-6001).

Frequently Asked Questions

What is the amount of distribution for DGS?

DGS is set to distribute $0.10 per share.

When will the distributions be paid?

The distributions will be paid on October 15, 2024.

How can shareholders participate in the DRIP program?

Shareholders can contact their investment advisor or dealer to enroll in the DRIP program.

What are the distributions for preferred shareholders?

Preferred shareholders of the Brompton Energy Split Corp. will receive $0.20625 per share.

What types of funds does Brompton manage?

Brompton manages a variety of funds focusing on income and growth, including ETFs and split corporations.

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