First Asset

First Asset

September 19, 2013 07:00 ET

First Asset Closed-End Funds September Distributions

TORONTO, ONTARIO--(Marketwired - Sept. 19, 2013) - First Asset Closed-End Funds announces the following distributions for the month and quarter ending September 30, 2013. In all cases, the distribution will be paid on or before October 15, 2013, to holders of record on September 30, 2013.

Name TSX Symbol Distribution (per unit)
First Asset Yield Opportunity Trust - Series A FAY.UN $0.1458
First Asset Yield Opportunity Trust - Series B FAY.U $0.044 (USD)
First Asset Canadian REIT Income Fund RIT.UN $0.05
First Asset Pipes & Power Income Fund EWP.UN $0.03
Utility Split Trust - Capital Units UST.UN $0.05
Utility Split Trust - Preferred Shares UST.PR.B $0.13125
Triax Diversified High-Yield Trust TRH.UN $0.07
First Asset Diversified Convertible Debenture Fund DCD.UN $0.30
Preferred Share Investment Trust PSF.UN $0.175
First Asset CanBanc Split Corp. - Preferred Shares CBU.PR.A $0.1625
CanBanc Income Corp. CIC $0.175
Can-60 Income Corp. CSY $0.1625
Canadian Advantaged Convertibles Fund ADC.UN $0.15
Can-Financials Income Corp. FIC $0.15
North American Advantaged Convertibles Fund NCD.UN $0.125
First Asset Canadian Dividend Opportunity Fund II DVF.UN $0.04167
CanBanc 8 Income Corp. CBF $0.15
First Asset Morningstar U.S. Consumer Defensive Index Fund UCD.UN $0.05

With respect to Preferred Share Investment Trust (TSX:PSF.UN), the Manager generally provides annual guidance as to the expected amount of the distribution for the coming year. Rather than provide precise guidance at this time, the Manager will assess the amount of the distribution on a quarterly basis having regard to, among other things, the anticipated net cash flows, the net asset value and markets generally. There can be no assurance that the amount will not vary from quarter to quarter, or that the Trust will make any distribution in any particular quarter.

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