Top 20 US Dividend Trust Announces Net Asset Values per Unit Following Scheduled Rebalancing
TORONTO, April 5, 2019 /CNW/ - Scotia Managed Companies Administration Inc. (the "Manager"), the manager of Top 20 U.S. Dividend Trust (the "Trust"), announced that following a periodic rebalancing of the Trust's portfolio on March 31, 2019 in accordance with the Trust's investment mandate, its net asset values per Class A unit on April 1, 2019, April 2, 2019 and April 3, 2019 were $12.59, $12.51 and $12.50, respectively.
The Trust's investment objectives are to provide unitholders with stable monthly distributions and the opportunity for capital appreciation, in each case through investment in an equally-weighted portfolio comprised of the 20 highest yielding equity securities included in the Dow Jones Industrial Average.
The Class A units of the Trust are listed for trading on The Toronto Stock Exchange under the symbol TUT.UN.
SOURCE Top 20 US Dividend Trust
Investor Relations, Top 20 U.S. Dividend Trust, (416) 945-4173, E-mail: [email protected], Website: www.scotiamanagedcompanies.com
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