Blue Ribbon Income Fund Announces Monthly Distributions for January, February and March 2017, Payable on February 14, 2017, March 14, 2017, and April 17, 2017, Respectively
January 20, 2017 at 11:03 pm IST
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Blue Ribbon Income Fund announced distributions in the amount of $0.05 per unit per month for record dates from January to March 2017. At this time, the Fund expects that this will be the monthly distribution rate throughout 2017 with formal announcements made quarterly. The dividends are payable on February 14, 2017, March 14, 2017, and April 17, 2017 to shareholders of record on January 31, 2017, February 28, 2017, and March 31, 2017, for the months of January, February and March 2017, respectively.
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.
Blue Ribbon Income Fund Announces Monthly Distributions for January, February and March 2017, Payable on February 14, 2017, March 14, 2017, and April 17, 2017, Respectively