American Income Trust
TSX : USA.UN

American Income Trust

October 19, 2005 09:00 ET

Monthly Distribution Declared-American Income

TORONTO, ONTARIO--(CCNMatthews - Oct. 19, 2005) - AMERICAN INCOME TRUST ("AMERICAN INCOME") (TSX:USA.un) declares its variable monthly distribution of $0.06963 per unit, or 8.5% based on the September 30, 2005 net asset value of $9.83. Distributions are payable November 10, 2005 to shareholders on record as of October 31, 2005.

American Income unitholders have received a total of $10.25 per unit in distributions since inception, inclusive of this distribution.

American Income invests in a diversified portfolio consisting mainly of common shares issued by companies included in the S&P 500 Index. Quadravest Capital Management actively manages American Income's investment portfolio.

Quadravest Capital Management Inc. is focused on the creation and management of enhanced yield products for retail investors. Its management style combines active security selection with covered call option writing. This strategy generates additional returns above dividend and interest income earned in the portfolio. Quadravest is dedicated to providing investors with products that offer both steady income and capital preservation for the long term.

American Income Distribution Details:

- Distribution per Unit: $ 0.06963

- Ex-Dividend Date: October 27, 2005

- Record Date: October 31, 2005

- Payable Date: November 10, 2005

Contact Information

  • Quadravest Capital Management
    Wayne Finch
    Chairman and Chief Investment Officer
    (416) 304-4443
    or
    Quadravest Capital Management
    Laura Johnson
    Vice President
    (416) 304-4443
    or
    Quadravest Capital Management
    Peter Cruickshank
    Chief Financial Officer
    (416) 304-4443
    info@quadravest.com
    www.quadravest.com