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Goldman Sachs US Income Builder Trust

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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 Units Class U Units
GSB NAV per class A unit $8.2362 GSB NAV per class U unit USD$8.0508
SSF NAV per class A unit $8.8876 SSF NAV per class U unit USD$8.5896
Exchange Ratio 0.926707 Exchange Ratio 0.937273

 

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.

FUND FACTS

Select a year

Class A Share

Record Date Payment Date Return of Capital Foreign Non- Business Income Foreign Non- Business Income Tax Paid Other Income Capital Gains Total Distribution
Jan 31, 2018 Feb 07, 2018 0.00000 0.00000 0.00000 0.00000 0.00000 0.04167
Jan 31, 2018 Feb 07, 2018 0.00000 0.00000 0.00000 0.00000 0.00000 0.04167
Dec 29, 2017 Jan 15, 2018 0.04167 0.00000 0.00000 0.00000 0.00000 0.04167
Dec 29, 2017 Jan 15, 2018 0.04167 0.00000 0.00000 0.00000 0.00000 0.04167
Nov 30, 2017 Dec 14, 2017 0.04167 0.00000 0.00000 0.00000 0.00000 0.04167
Nov 30, 2017 Dec 14, 2017 0.04167 0.00000 0.00000 0.00000 0.00000 0.04167
Oct 31, 2017 Nov 14, 2017 0.04167 0.00000 0.00000 0.00000 0.00000 0.04167
Oct 31, 2017 Nov 14, 2017 0.04167 0.00000 0.00000 0.00000 0.00000 0.04167
Sep 29, 2017 Oct 16, 2017 0.04167 0.00000 0.00000 0.00000 0.00000 0.04167
Sep 29, 2017 Oct 16, 2017 0.04167 0.00000 0.00000 0.00000 0.00000 0.04167
Aug 31, 2017 Sep 15, 2017 0.04167 0.00000 0.00000 0.00000 0.00000 0.04167
Aug 31, 2017 Sep 15, 2017 0.04167 0.00000 0.00000 0.00000 0.00000 0.04167
Total 0.41670 0.00000 0.00000 0.00000 0.00000 0.50004
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