Brompton Funds
Class A Shares
Distributions are declared for unitholders of record on the last business day of the month and paid on or about the tenth business day of the subsequent month.
Preferred Shares
Holders of record on the last business day of February, May, August and November will be entitled to receive fixed cumulative preferential quarterly cash distributions of $0.13125 per share and payment will be made on or before the tenth business day of the following month.
Tax Advantaged Distributions
Distributions from the Fund may have tax benefits which result in higher after tax cash flow than if the income had been earned as interest income.It is expected that the distributions on the Class A shares will mainly be comprised of capital gains or return of capital and are expected over time to include an increasing portion of dividend income. Distributions on the Preferred shares are expected to be mainly characterized as dividend payments, which receive the preferential dividend tax treatment and to a lesser extent return of capital.
The annual breakdown of distributions for tax purposes will be provided to shareholders annually in February. This information will also be posted on the website as soon as it is available.| Record Date | Payment Date | Distribution per Unit |
|---|---|---|
| January 31, 2012 | February 14, 2012 | $0.10 |
| Record Date | Payment Date | Distribution per Unit |
|---|---|---|
| November 30, 2011 | December 14, 2011 | $0.13125 |
| August 31, 2011 | September 15, 2011 | $0.13125 |
| May 31, 2011 | June 14, 2011 | $0.13125 |
| February 28, 2011 | March 14, 2011 | $0.13125 |