Brompton Oil & Gas Income Fund

Brompton Oil & Gas Income Fund

October 20, 2009 16:51 ET

Brompton Oil & Gas Income Fund Declares Distributions

TORONTO, ONTARIO--(Marketwire - Oct. 20, 2009) - Brompton Oil & Gas Income Fund (TSX:OGF.UN) announces the distribution rate of $0.035 per unit for record dates in October, November and December 2009. This reflects a reduction from the previous monthly rate of $0.04 per unit. Among the reasons for the reduction were distribution cuts or conversions to corporate structures by certain income trusts in the portfolio over the past eight months and a greater portfolio weighting to dividend-paying equities. The new distribution level of $0.42 per annum represents an attractive yield of 9.1% based on the October 19, 2009 closing market price.

Record Dates and Payment Dates are as follows:

Record Date Payment Date
----------- ------------
October 30, 2009 November 13, 2009
November 30, 2009 December 14, 2009
December 31, 2009 January 15, 2010

For further information, please call Brompton's investor relations line at 416-642-9051, (toll-free at 1-866-642-6001) or visit our website at

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the Fund's publicly filed documents which are available from SEDAR at Investment funds are not guaranteed; their values change frequently and past performance may not be repeated.

Contact Information

  • Brompton Funds Management Limited
    David E. Roode
    Senior Vice President
    (416) 642-6008