LOGiQ Asset Management Ltd. declares distributions

TORONTO, Dec. 19, 2016 /CNW/ - LOGiQ Asset Management Ltd. (formerly "Aston Hill Asset Management Inc.") (the "Manager") announces monthly and quarterly distributions with record date of December 30, 2016 for each of the following funds:

Fund Name

TSX Ticker

Distribution
Amount per
Unit

Distribution
Amount
Annualized

Price*

Current
Yield*

Aston Hill Advantage Bond Fund  (Class A & F)

MBB.UN

$0.05833

$0.70

$8.56

8.18%

Aston Hill Advantage Oil & Gas Income Fund

AOG.UN

$0.01125

$0.135

$3.05

4.43%

Aston Hill Advantage VIP Income Fund

AV.UN

$0.035

$0.42

$10.50

4.00%

Aston Hill VIP Income Fund

VIP.UN

$0.035

$0.42

$9.41

4.46%

Canadian 50 Advantaged Preferred Share Fund (Class A & F)

CPF.UN

$0.27

$1.08

$14.62

7.39%

Global Capital Securities Trust (Class A & F)

NAF.UN

$0.3125

$1.25

$20.70

6.04%

Low Volatility Canadian Equities Income Fund

LOW.UN

$0.05

$0.60

$9.47

6.34%

Macquarie Emerging Markets Infrastructure Income Fund

MQA.UN

$0.17

$0.68

$8.60

7.91%

Macquarie Global Infrastructure Income Fund

MQI.UN

$0.15

$0.60

$8.51

7.05%

Voya Diversified Floating Rate Senior Loan Fund (Class A)

IFL.UN

$0.05

$0.60

$8.15

7.36%

Voya Diversified Floating Rate Senior Loan Fund (Class U)

Not Listed

U.S.$0.05

U.S.$0.60

U.S. $8.55

7.01%

Voya Floating Rate Senior Loan Fund (Class A)

ISL.UN

$0.0417

$0.50

$9.08

5.51%

Voya Floating Rate Senior Loan Fund (Class U)

ISL.U

U.S.$0.0417

U.S.$0.50

U.S. $8.48

5.90%

Voya High Income Floating Rate Fund (Class A)

IHL.UN

$0.05417

$0.65

$8.08

8.05%

Voya High Income Floating Rate Fund (Class U)

Not Listed

U.S.$0.05417

U.S.$0.65

U.S. $8.50

7.65%

*TSX price as at December 16, 2016. Prices and yields shown are for Class A units only unless specified otherwise.

Record dates and payment dates are as follows:

Record Date

Payment Date

December 30, 2016                         

January 16, 2017

 

The Manager is also announcing a special distributions for Class U of Voya Floating Rate Senior Loan Fund (TSX Ticker: ISL.U) for record date as of December 30, 2016. The special distribution will be comprised of an estimated amount of USD $0.375 per Unit which will be paid in additional Units (to be consolidated back to the original number of Units of the Class, resulting in Unitholders incurring a non-cash capital gain equal to the non-cash portion of the distribution amount with a matching increase in their adjusted cost base per Unit) and an estimated USD $0.125 per Unit in cash to offset the estimated tax liability of Unitholders resulting from such distribution. If finalized, the cash portion of the distribution will be paid on or about January 16, 2017. The special distributions are expected to be characterized as capital gains for tax purposes.

The Manager is a wholly-owned subsidiary of LOGiQ Asset Management Inc. (TSX: LGQ), (formerly: "Aston Hill Financial Inc." (TSX: AHF)). LOGiQ Asset Management Inc. is a diversified asset management company with a suite of retail mutual funds, closed end funds, hedge funds and segregated institutional funds. LOGiQ Asset Management is headquartered in Toronto.

SOURCE LOGiQ Asset Management Ltd.

For further information: please contact your financial advisor, call LOGiQ's Sales and Marketing support line at 416-583-2300 (toll-free at 1-800-513-3868), or visit our website at www.logiqasset.com.


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