Franklin Templeton Canada has announced that the annual reinvested distributions for its ETFs will be reported as taxable distributions and reinvested in additional units. The additional units will be consolidated so that the number of units held by investors and the net asset value of the ETFs will not change. The reinvested distributions are expected to be capital gains. The actual taxable amounts will be reported in early 2024. Franklin Templeton Canada offers a diverse range of ETFs that span multiple asset classes and geographies. Investors are advised to carefully consider the investment objectives, risks, fees, and expenses before investing in ETFs.
PIMCO Canada Corp. has also announced the January cash distributions for the ETF series of the PIMCO Canada mutual funds. The distributions will be payable on or about January 31, 2024, to unitholders of record as of January 24, 2024. The per-unit cash distribution amounts for various funds are as follows: PIMCO Monthly Income Fund (Canada) - $0.04491, PIMCO Monthly Income Fund (Canada) US$ - US $0.04822, PIMCO Investment Grade Credit Fund (Canada) - $0.03815, PIMCO Global Short Maturity Fund (Canada) - $0.04392, PIMCO Low Duration Monthly Income Fund (Canada) - $0.04599. PIMCO Canada administers and manages the PIMCO Canada ETFs, with sub-advisory services provided by Pacific Investment Management Company LLC (PIMCO). PIMCO is a global fixed income investment manager founded in 1971 and owned by Allianz S.E. [2b2309cd]
BlackRock Asset Management Canada Limited (iShares) has announced the final February 2024 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on February 26, 2024, will receive cash distributions payable on February 29, 2024. The details of the 'per unit' distribution amounts are not provided in the article. iShares is a global line-up of 1400+ exchange-traded funds (ETFs) with US$3.5 trillion in assets under management as of December 31, 2023. The ETFs are managed by BlackRock Asset Management Canada Limited.
Invesco Value Municipal Income Trust (IIM) will issue a monthly dividend of $0.08 on June 28th. Investors of record on June 18th will be paid a dividend of $0.0771 per share. The ex-dividend date is June 18th. This represents an increase from the previous monthly dividend of $0.05. Invesco Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund invests in the fixed income markets of the United States.
Alpine Income Property Trust, Inc. has declared a quarterly cash dividend of $0.275 per share of common stock for the second quarter of 2024. The dividend is payable on June 28, 2024, to stockholders of record as of June 13, 2024. The ex-dividend date for the dividend is June 12, 2024. Alpine Income Property Trust is a publicly traded real estate investment trust that invests in single tenant net leased commercial income properties.
LTC Properties Inc. has declared a monthly cash dividend of $0.19 per common share per month for the third quarter of 2024. The distribution dates are July 23, 2024, August 22, 2024, and September 20, 2024. LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties. Its investment portfolio includes 194 properties in 26 states with 32 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.