Symphony Floating Rate Senior Loan Fund Declares Monthly Dividends, Payable on February 14, 2017, March 14, 2017 and April 17, 2017
January 20, 2017 at 02:51 pm
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Symphony Floating Rate Senior Loan Fund declared monthly dividend of CAD 0.05 per unit for the months of January to March 2017, and a distribution in the amount of USD 0.05 per Class U Unit. These dividends are payable on February 14, 2017, March 14, 2017 and April 17, 2017 to the shareholders record on January 31, 2017, February 28, 2017 and March 31, 2017 respectively. Symphony Floating Rate Senior Loan Fund also announced a distribution in the amount of USD 0.05 per class U unit. The Fund also announced distributions on Class C Units and Class F units as follows: a dividend of CAD 0.03992, payable on February 14, 2017, with record of January 31, 2017; A dividend of CAD 0.05625 payable on March 14, 2017, with record of February 28, 2017; A dividend of CAD 0.05625 payable on April 17, 2017, with record of March 31, 2017.
Symphony Floating Rate Senior Loan Fund (the Fund) is a mutual fund trust. The Fundâs investment objectives are to provide unitholders with monthly distributions and to preserve capital. The Fund invests in an actively managed diversified Portfolio consisting primarily of short duration senior secured floating rate corporate loans typically issued by non-investment grade companies, with exposure gained through direct purchase of senior loans made by banks or other financial institutions to borrowers, assignments of such interest in senior loans, and participation interests in senior loans. The Fundâs portfolio includes various sectors such as communication services, Consumer discretionary, Consumer staples, energy, health care, utilities, Financials, industrials, real estate, and Information technology. The Fund is managed by Brompton Funds Limited.