Purpose Investments Inc. Announces Increases to Annual Distribution Yield Targets for Purpose Global Bond Fund, Purpose Global Bond Class, and Purpose Global Flexible Credit Fund
TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is pleased to announce that it has elected to increase the annual distribution target on the Purpose Global Bond Fund (TSX: BND) and Purpose Global Bond Class (TSX: IGB) from 4.65% to 5.15%.
- TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is pleased to announce that it has elected to increase the annual distribution target on the Purpose Global Bond Fund (TSX: BND) and Purpose Global Bond Class (TSX: IGB) from 4.65% to 5.15%.
- In addition, the annual distribution target for Purpose Global Flexible Credit Bond Fund (TSX: FLX) will also increase from 5.50% to 6.25%.
- The new monthly distribution amounts are shown in the table below and will be effective as of December 2023.