Home / product / Goldman Sachs US Income Builder Trust

Goldman Sachs US Income Builder Trust

      BROMPTON COMPLETES MERGER OF GOLDMAN SACHS U.S. INCOME BUILDER TRUST WITH SYMPHONY FLOATING RATE SENIOR LOAN FUND

      Toronto, February 8, 2018 – (TSX: GSB.UN, SSF.UN) – Brompton Funds Limited is pleased to announce the completion of the merger (the “Merger”) of Goldman Sachs U.S. Income Builder Trust (“GSB”) into Symphony Floating Rate Senior Loan Fund (“SSF” and, together with GSB, the “Funds”), effective February 8, 2018. The Merger was approved at a special meeting of unitholders of GSB held on December 13, 2017.

      The Merger was implemented using exchange ratios calculated based on the relative net asset value (“NAV”) per class A unit or class U unit of each of GSB and SSF, each determined as at the close of business on February 6, 2018. The table below provides the NAV per class A and class U unit for each of the Funds and the exchange ratio at such time.

      Class A UnitsClass U Units
      GSB NAV per class A unit$8.2362GSB NAV per class U unitUSD$8.0508
      SSF NAV per class A unit$8.8876SSF NAV per class U unitUSD$8.5896
      Exchange Ratio0.926707Exchange Ratio0.937273

       

      Unitholders of GSB are not required to take any action in order to be recognized as unitholders of SSF. Class A units of SSF issued to former holders of class A units of GSB pursuant to the Merger will continue to trade on the Toronto Stock Exchange under the symbol SSF.UN.

      Select a year

      Class A Share

      Record DatePayment DateReturn of CapitalForeign Non- Business IncomeForeign Non- Business Income Tax PaidOther IncomeCapital GainsTotal Distribution
      Jan 31, 2018Feb 07, 20180.000000.000000.000000.000000.000000.04167
      Jan 31, 2018Feb 07, 20180.000000.000000.000000.000000.000000.04167
      Dec 29, 2017Jan 15, 20180.041670.000000.000000.000000.000000.04167
      Dec 29, 2017Jan 15, 20180.041670.000000.000000.000000.000000.04167
      Nov 30, 2017Dec 14, 20170.041670.000000.000000.000000.000000.04167
      Nov 30, 2017Dec 14, 20170.041670.000000.000000.000000.000000.04167
      Oct 31, 2017Nov 14, 20170.041670.000000.000000.000000.000000.04167
      Oct 31, 2017Nov 14, 20170.041670.000000.000000.000000.000000.04167
      Sep 29, 2017Oct 16, 20170.041670.000000.000000.000000.000000.04167
      Sep 29, 2017Oct 16, 20170.041670.000000.000000.000000.000000.04167
      Aug 31, 2017Sep 15, 20170.041670.000000.000000.000000.000000.04167
      Aug 31, 2017Sep 15, 20170.041670.000000.000000.000000.000000.04167
      Total 0.41670 0.00000 0.00000 0.00000 0.00000 0.50004
      News Releases From to Search