Purpose Investments Inc. Announces February Distributions

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News Desk 2022

Feb 14, 2019 at 5:15 PM 47

TORONTO, Feb. 14, 2019 (GLOBE NEWSWIRE) -- Purpose Investments Inc. is pleased to announce the following distributions for the month of February 2019. The ex-distribution date for all ETFs is February 25, 2019, with the exception of Purpose High Interest Savings ETF and Purpose US Cash ETF, which have an ex-distribution date of February 27, 2019. The ex-distribution date for all closed-end funds is February 27, 2019.

Open-End Funds	Ticker Symbol	Distribution per share/unit		Record Date	Payable Date	Distribution Frequency
Purpose Core Dividend Fund - ETF Series	PDF	$	0.0850¹	02/26/2019	03/07/2019	Monthly
Purpose Enhanced Dividend Fund – ETF Series	PDIV	$	0.0522¹	02/26/2019	03/07/2019	Monthly
Purpose Total Return Bond Fund - ETF Series	PBD	$	0.0586¹	02/26/2019	03/07/2019	Monthly
Purpose Duration Hedged Real Estate Fund – ETF Series	PHR	$	0.0800¹	02/26/2019	03/07/2019	Monthly
Purpose Monthly Income Fund - ETF Series	PIN	$	0.0830¹	02/26/2019	03/07/2019	Monthly
Purpose Premium Yield Fund – ETF Series	PYF	$	0.0830¹	02/26/2019	03/07/2019	Monthly
Purpose Premium Yield Fund Non-Currency Hedged USD – ETF Series	PYF.U	US$	0.0885¹	02/26/2019	03/07/2019	Monthly
Purpose Premium Yield Fund Non-Currency Hedged – ETF Series	PYF.B	$	0.0885¹	02/26/2019	03/07/2019	Monthly
Purpose Canadian Financial Income Fund – ETF Series	BNC	$	0.0850¹	02/26/2019	03/07/2019	Monthly
Purpose Conservative Income Fund – ETF Series	PRP	$	0.0540¹	02/26/2019	03/07/2019	Monthly
Purpose International Dividend Fund – ETF Units	PID	$	0.0780	02/26/2019	03/07/2019	Monthly
Purpose US Dividend Fund – ETF Units	PUD	$	0.0650	02/26/2019	03/07/2019	Monthly
Purpose US Dividend Fund Non-Currency Hedged – ETF Units	PUD.B	$	0.0760	02/26/2019	03/07/2019	Monthly
Purpose Global Bond Fund – ETF Units	BND	$	0.0483	02/26/2019	03/07/2019	Monthly
Purpose Short Duration Tactical Bond Fund – ETF Units	SBND	$	0.0620	02/26/2019	03/07/2019	Monthly
Purpose High Interest Savings ETF	PSA	$	0.0841	02/27/2019	03/07/2019	Monthly
Purpose US Cash ETF	PSU.U	US$	0.1897	02/27/2019	03/07/2019	Monthly
Purpose Strategic Yield Fund – ETF Units	SYLD	$	0.0970	02/26/2019	03/07/2019	Monthly
Purpose Multi-Asset Income Fund – ETF Units	PINC	$	0.0840	02/26/2019	03/07/2019	Monthly
Purpose Managed Duration Investment Grade Bond Fund – ETF Units	IGB	$	0.0458¹	02/26/2019	03/07/2019	Monthly
Purpose Canadian Preferred Share Fund – ETF Units	RPS	$	0.0950	02/26/2019	03/07/2019	Monthly
Purpose Core Equity Income Fund – ETF Series	RDE	$	0.0650¹	02/26/2019	03/07/2019	Monthly
Purpose US Preferred Share Fund – ETF Units	RPU	$	0.0940	02/26/2019	03/07/2019	Monthly
Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units²	RPU.B / RPU.U	$	0.0940	02/26/2019	03/07/2019	Monthly
Purpose Emerging Markets Dividend Fund – ETF Units	REM	$	0.0403	02/26/2019	03/07/2019	Monthly
Purpose Energy Credit Fund – ETF Units	PCF	$	0.0350	02/26/2019	03/07/2019	Monthly
Purpose Energy Credit Fund – Non-Currency Hedged - ETF Units	PCF.U	US$	0.0359	02/26/2019	03/07/2019	Monthly
Purpose Floating Rate Income Fund – ETF Units	FLOT	$	0.0312	02/26/2019	03/07/2019	Monthly
Purpose Floating Rate Income Fund - Non-Currency Hedged USD – ETF Units	FLOT.U	US$	0.0371	02/26/2019	03/07/2019	Monthly
Purpose Floating Rate Income Fund - Non-Currency Hedged – ETF Units	FLOT.B	$	0.0352	02/26/2019	03/07/2019	Monthly
Purpose Global Financials Income Fund – ETF Units	PFG	$	0.0468	02/26/2019	03/07/2019	Monthly

Closed-End Funds	Ticker Symbol	Distribution per share/unit		Record Date	Payable Date	Distribution Frequency
Investment Grade Managed Duration Income Fund – Class T	PFU.UN	$	0.0417	02/27/2019	03/14/2019	Monthly
U.S. Banks Income & Growth Fund – Class T	PUB.UN	$	0.0417	02/27/2019	03/14/2019	Monthly
Canadian Investment Grade Preferred Share Fund – Class T	RIGP.UN	$	0.1146	02/27/2019	03/14/2019	Monthly
Canadian Investment Grade Preferred Share Fund – Class A	unlisted	$	0.1146	02/27/2019	03/14/2019	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 over $6 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 Financial, an independent technology-driven financial services company.

For further information please contact:
Matt Padanyi
Purpose Investments Inc.
Tel: (877) 789-1517
Email: info@purposeinvest.com

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.

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