PineBridge Investment Grade Preferred Securities Fund
TSX : PRF.UN

PineBridge Investment Grade Preferred Securities Fund

December 17, 2015 08:30 ET

PineBridge Investment Grade Preferred Securities Fund Announces Monthly Cash Distribution and Special Distribution

TORONTO, ONTARIO--(Marketwired - Dec. 17, 2015) - PineBridge Investment Grade Preferred Securities Fund (TSX:PRF.UN) (the "Fund") announced today a regular cash distribution for the month of January along with a special distribution.

The Fund has declared a regular monthly distribution for the month of January of $0.125 per unit, payable on or about January 14, 2016 to unitholders of record on December 31, 2015.

The Fund has also declared a special distribution of $0.1750 per unit (the "Special Distribution") to be paid on January 14, 2016 to unitholders of record on December 31, 2015. The Special Distribution was declared because the net income of the Fund for tax purposes (including the full amount of net realized capital gains) exceeds the amount of regular monthly distributions declared in 2015.

Further information about PineBridge Investment Grade Preferred Securities Fund can be found at www.bmocm.com/investorsolutions under "Closed-End Funds".

Contact Information

  • BMO Capital Markets
    1.866.864.7760