Blue Ribbon Income Fund Announces Monthly Distributions, Payable on February 14, 2023, March 14, 2023 and April 17, 2023
January 25, 2023 at 01:23 am IST
Share
Blue Ribbon Income Fund announces distributions in the amount of $0.04 per unit per month for record dates from January to March 2023. At this time, the Fund expects that this will be the monthly distribution rate for 2023 with formal announcements made quarterly. Since the Fund's inception in September 1997, the Fund has paid cash distributions of $20.85 per unit.
Record Date is January 31, 2023, February 28, 2023 and March 31, 2023. Payment Date is February 14, 2023, March 14, 2023 and April 17, 2023.
Blue Ribbon Income Fund (the Fund) is a Canada-based mutual fund trust. The Fundâs investment objectives are to provide unitholders with high monthly distributions, together with the opportunity for capital appreciation. The Company's investment portfolio includes consumer staples, consumer discretionary; financial; industrial; materials; utilities; real estate, and communication services. The Fund manages a portfolio of publicly listed or traded securities, including income trusts, royalty trusts, real estate investment trusts, common shares, preferred securities, and debt instruments. Its investment products include ETFs, Split Share Funds, and Other Toronto Stock Exchange (TSX) Traded Funds. The Company's trustee is Computershare Trust Company of Canada. Bloom Investment Counsel, Inc. manages the fund's portfolio.