Le Lézard
Classified in: Business
Subject: DIVIDENDS

FT Portfolios Canada Co. Announces Cash Distributions for Its Exchange Traded Funds


TORONTO, ONTARIO--(Marketwired - Nov. 22, 2017) -

(TSX:FUD)(TSX:FUD.A)(TSX:FDE)(TSX:FDE.A)(TSX:FSL)(TSX:FSL.A)(TSX:EUR)(TSX:EUR.A)(TSX:FSD)(TSX:FSD.A)(TSX:ETP)(TSX:ETP.A)(TSX:FTB)

FT Portfolios Canada Co. ("First Trust") is pleased to announce cash distributions for its Exchange Traded Funds (the "ETFS") listed on the Toronto Stock Exchange for the month ending November 30, 2017. 

The cash distributions are payable on December 7, 2017 to Unitholders of record on November 30, 2017 with an ex-dividend date of November 29, 2017. Details for the per unit distribution amounts are shown below:

Fund Name Fund Ticker Cash Distribution Amount
First Trust Value Line® Dividend Index ETF (CAD-Hedged) name changed from First Trust AlphaDEXtm U.S. Dividend ETF (CAD-Hedged) effective November 22, 2017 FUD $0.0400
FUD.A $0.0150
First Trust AlphaDEXtm Emerging Market Dividend ETF (CAD-Hedged) FDE $0.0500
FDE.A $0.0350
First Trust Senior Loan ETF (CAD-Hedged) FSL $0.0600
FSL.A $0.0420
First Trust AlphaDEXtm European Dividend Index ETF (CAD-Hedged) EUR $0.0700
EUR.A $0.0485
First Trust Short Duration High Yield Bond ETF (CAD-Hedged) FSD $0.0900
FSD.A $0.0629
First Trust Global Risk Managed Income Index ETF ETP $0.0650
ETP.A $0.0470
First Trust Tactical Bond Index ETF FTB $0.0600

All distributions are reviewed monthly to ensure that distributions are commensurate with the actual year-to-date cumulative earnings of the fund. As an example, First Trust Senior Loan ETF (CAD-Hedged) earnings can be impacted by a number of factors such as, but not limited to, the timing of creations and redemptions, changes in interest rates and spreads and the level of prepayments and re-financings. Typically, distributions are managed to minimize monthly fluctuations. Given the dynamic nature of changes in interest rates and spreads over the last several months and the growth of the First Trust Senior Loan ETF (CAD-Hedged), the October distribution was adjusted to align with cumulative year to date earnings. The November distribution rate has increased from October to reflect a more normalized monthly earning rate.


These press releases may also interest you

at 21:00
OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today published a report titled 'Unlocking the Infinite Potential of Crypto and AI.' The report explores the convergence of AI and crypto, a major trend in...

at 20:50
Pharma (1167.HK), a clinical-stage oncology company drugging the undruggable targets, today announced its 2023 annual results. The revenue was RMB63.5 million, the R&D investment was RMB372 million, the cash and cash equivalent at the end of 2023 was...

at 20:45
The "Austria Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q1 2024 Update" report has been added...

at 20:40
Osisko Development Corp. ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023"). Q4 2023 HIGHLIGHTS Operating, Financial and Corporate Updates: 2,090...

at 20:39
TSX VENTURE COMPANIES BULLETIN V2024-0926 VALLEYVIEW RESOURCES LTD. ("VVR")BULLETIN TYPE:  Resume TradingBULLETIN DATE: March 28, 2024TSX Venture Tier 2 Company Reference is made to our bulletin dated March 26, 2024 with respect to the listing of the...

at 20:30
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Sonder Holdings Inc. resulting from allegations that Sonder may have issued materially misleading business...



News published on and distributed by: