Symphony Floating Rate Senior Loan Fund
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Closing Price (Jan 13, 2026)$6.53
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NAV (Jan 12, 2026)$6.53
- Distribution$0.04100/mo.
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Distribution Rate (Jan 13, 2026)7.53%
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Management Fee1.25%
SYMPHONY FLOATING RATE SENIOR LOAN FUND COMPLETES MERGER WITH BROMPTON WELLINGTON SQUARE INVESTMENT GRADE CLO ETF
Toronto, January 13, 2026 – (TSX: SSF.UN; BBBB; BBBB.U) Brompton Funds Limited (the “Manager”), the manager of Symphony Floating Rate Senior Loan Fund (“SSF”) is pleased to announce the completion of the merger (the “Merger”) of SSF into Brompton Wellington Square Investment Grade CLO ETF (“BBBB” and together with SSF, the “Funds”) effective January 13, 2026. The Merger was approved at a special meeting of unitholders of SSF held on November 17, 2025.
The Merger was implemented using exchange ratios based on the relative net asset value (“NAV”) per unit
of the class A units and class U units of SSF and the CAD units and USD units of BBBB, respectively, as
at the close of business on January 12, 2026 as provided below.
| NAV per Class A unit/CAD unit | NAV per Class U unit/USD unit | |
|---|---|---|
| SSF | $6.51718 | $6.41486 |
| BBBB | $19.75225 | $19.86331 |
| Exchange Ratio | 0.329946 | 0.322950 |
Unitholders of SSF are not required to take any action in order to be recognized as unitholders of BBBB.
CAD units and USD units of BBBB will continue to trade on the Toronto Stock Exchange (the “TSX”) under the symbols “BBBB” and “BBBB.U” following the Merger.
Distributions
The actual breakdown of distributions for tax purposes will be provided to unitholders annually in March as soon as possible following receipt of the information from the Fund’s individual holdings. This information will also be posted on the website as soon as it is available.
This information is of a general nature only and does not constitute legal or tax advice to any particular investor. Accordingly, prospective investors are advised to consult their own tax advisors with respect to their individual circumstances.
Tax Allocation
The following information is applicable to holders who, for the purposes of the Income Tax Act (Canada), are resident in Canada and hold trust units as capital property. If this is not the case, a tax advisor should be consulted.
Holders of trust units outside of a RRSP, DPSP, RRIF, RESP or TFSA should expect to receive a T3 slip from their investment dealer. T3 supplementary slips will indicate Other Income (Investment Income and Non-Investment Income) in Box 26, Foreign Non-Business Income in Box 25, Capital Gains in Box 21 and Eligible Dividend Income in Box 49. Dividend income is subject to the standard gross up and federal dividend tax credit rules. The return of capital component is a non-taxable amount that serves to reduce the adjusted cost base of the Fund units and is reported in Box 42.
| Total |
