YIELDPLUS Income Fund Distributions

CALGARY, Jan. 19, 2017 /CNW/ - YIELDPLUS Income Fund is pleased to announce that distributions for the first quarter of 2017 will be payable to unitholders of YIELDPLUS Income Fund as follows:

 

Record Date

 

Payable Date

Distribution Per

Trust Unit

January 31, 2017

February 15, 2017

$0.03

February 28, 2017

March 10, 2017

$0.03

YIELDPLUS Income Fund is expected to be merged with MINT Income Fund on or about March 22, 2017, making YIELDPLUS unitholders eligible for MINT's March distribution. Based on the current relative net asset values of YIELDPLUS and MINT, this is expected to represent an increase of approximately 15% to YIELDPLUS unitholders.

The trust units trade on the Toronto Stock Exchange under the symbol YP.UN.

Middlefield Group

Formed in 1979, Middlefield creates and manages specialized investment products for individual and institutional investors and has assets under management of approximately $4.5 billion. Investment products include mutual funds, closed-end funds, private and public resource funds, real estate funds and a venture capital fund.

This press release contains forward-looking information. The forward-looking information contained in this press release is based on historical information concerning the distributions and dividends paid on the securities of issuers historically included in the portfolio of YIELDPLUS Income Fund. Actual future results, including the amount of distributions paid by the Fund, may differ from the monthly distribution amount. Specifically, the income from which distributions are paid may vary significantly due to: changes in portfolio composition; changes in distributions and dividends paid by issuers of securities included in the Fund's portfolio from time to time; there being no assurance that those issuers will pay distributions or dividends on their securities; the declaration of distributions and dividends by issuers of securities included in the portfolio will generally depend upon various factors, including the financial condition of each issuer and general economic and stock market conditions; the level of borrowing by the Fund; and the uncertainty of realizing capital gains.  The risks, uncertainties and other factors that could influence actual results are described under "Risk Factors" in the Fund's prospectus dated August 18, 2009 and other documents filed by the Fund with the Canadian securities regulatory authorities. The forward-looking information contained in this press release constitutes the Fund's current estimate, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking statement contained in this press release represents the Fund's estimate as of any date other than the date of this press release.

SOURCE YIELDPLUS Income Fund

For further information: please visit our website at www.middlefield.com or contact Nancy Tham or Michael Bury in our Sales and Marketing Department at 1.888.890.1868.

RELATED LINKS
http://www.middlefield.com

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YIELDPLUS Income Fund

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