Blue Ribbon Income Fund Declares Monthly Unit Distributions
Blue Ribbon Income Fund Monthly Distribution Announcement
The Blue Ribbon Income Fund (TSX: RBN.UN) has made an exciting announcement regarding its monthly distributions. The Fund declares a consistent distribution of $0.04 per unit each month, covering the record dates from April to June.
Distribution Schedule
These distributions are set to provide reliable earnings for unitholders. Here’s a look at the upcoming schedule for record and payment dates:
April 2025
Record Date: April 30, 2025 - Payment Date: May 14, 2025
May 2025
Record Date: May 30, 2025 - Payment Date: June 13, 2025
June 2025
Record Date: June 30, 2025 - Payment Date: July 15, 2025
Fund Performance and Historical Distributions
Since its establishment in 1997, the Blue Ribbon Income Fund has successfully paid cash distributions totaling $21.93 per unit. This impressive record demonstrates the Fund’s commitment to providing value and returns to its investors.
Distribution Reinvestment Plan
The Fund encourages unitholders to take advantage of its Distribution Reinvestment Plan (DRIP). This program allows unitholders to automatically reinvest their distributions without incurring any commissions. It’s a fantastic option for those looking to maximize their growth potential through compounded earnings. Interested unitholders can enroll in the DRIP by reaching out to their investment advisor.
Contact Information
If you have any questions or require more information, please do not hesitate to reach out. You can contact your investment advisor directly, or call Brompton’s investor relations line at 416-642-6000 (with a toll-free option at 1-866-642-6001). For additional inquiries, feel free to email info@bromptongroup.com or visit our official website at www.blueribbonincomefund.com.
Important Considerations for Investors
Investors should be aware that purchasing or selling units of the investment fund on the Toronto Stock Exchange may incur brokerage fees. When transactions occur on an exchange, buyers may pay a premium above the current net asset value, while sellers may receive less. Additionally, owning units of an investment fund comes with ongoing fees and expenses, which are disclosed in the fund’s documentation.
Investment Risk Acknowledgement
It’s important to understand that investment funds are not guaranteed. Their values can fluctuate often and past performance may not be indicative of future results. Investors should always review the provided disclosure documents for key information regarding the Fund.
Frequently Asked Questions
What is the monthly distribution amount for the Blue Ribbon Income Fund?
The monthly distribution amount is set at $0.04 per unit.
How long has the Blue Ribbon Income Fund been operating?
The Fund has been in operation since September 1997.
What is the purpose of the DRIP program?
The DRIP program allows unitholders to reinvest their distributions automatically and benefit from compound growth without paying commissions.
Who should I contact for more information about my investments?
You can contact your investment advisor or reach out to Brompton’s investor relations directly at 416-642-6000.
Are there risks associated with investing in the Blue Ribbon Income Fund?
Yes, like any investment, there are risks involved. Values can fluctuate, and past performance is not indicative of future results.
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