Welcome!

News Feed Item

First Asset Closed-End Funds March Distributions

TORONTO, ONTARIO -- (Marketwired) -- 03/20/14 -- First Asset Closed-End Funds announces the following distributions for the month and quarter ending March 31, 2014. In all cases, the distribution will be paid on or before April 15, 2014, to holders of record on March 31, 2014.


----------------------------------------------------------------------------
                                                                   Confirmed
                                                                     Regular
                                                         TSX    Distribution
Name                                                  Symbol      (per unit)
----------------------------------------------------------------------------
First Asset Yield Opportunity Trust - Series A        FAY.UN  $       0.1458
----------------------------------------------------------------------------
First Asset Yield Opportunity Trust - Series B         FAY.U  $ 0.0440 (USD)
----------------------------------------------------------------------------
First Asset Canadian REIT Income Fund                 RIT.UN  $       0.0500
----------------------------------------------------------------------------
First Asset Pipes & Power Income Fund                 EWP.UN  $       0.0300
----------------------------------------------------------------------------
Utility Split Trust - Capital Units                   UST.UN  $       0.0500
----------------------------------------------------------------------------
Utility Split Trust - Preferred Shares              UST.PR.B  $       0.1313
----------------------------------------------------------------------------
Triax Diversified High-Yield Trust                    TRH.UN  $       0.0700
----------------------------------------------------------------------------
First Asset Diversified Convertible Debenture Fund    DCD.UN  $       0.3000
----------------------------------------------------------------------------
Preferred Share Investment Trust                      PSF.UN  $    0.1500(1)
----------------------------------------------------------------------------
First Asset CanBanc Split Corp. - Preferred Shares  CBU.PR.A  $       0.1625
----------------------------------------------------------------------------
CanBanc Income Corp.                                     CIC  $       0.1750
----------------------------------------------------------------------------
Can-60 Income Corp.                                      CSY  $       0.1625
----------------------------------------------------------------------------
Canadian Advantaged Convertibles Fund                 ADC.UN  $       0.1500
----------------------------------------------------------------------------
Can-Financials Income Corp.                              FIC  $       0.1500
----------------------------------------------------------------------------
North American Advantaged Convertibles Fund           NCD.UN  $       0.1250
----------------------------------------------------------------------------
CanBanc 8 Income Corp.                                   CBF  $       0.1500
----------------------------------------------------------------------------
First Asset Morningstar U.S. Consumer Defensive
 Index Fund                                           UCD.UN  $       0.0569
----------------------------------------------------------------------------
First Asset U.S. & Canada LifeCo Income Fund          ULC.UN  $       0.1625
----------------------------------------------------------------------------

1.  With respect to Preferred Share Investment Trust (TSX: PSF.UN), the
    amount of the quarterly distribution has been lowered to $0.150 per unit
    (from $0.175 per unit). This reduction reflects the current defensive
    positioning of the Fund and the desire to conserve cash for the benefit
    of the Fund's NAV and for deployment into higher yielding opportunities
    as they are expected to become available. The Manager will continue to
    assess the amount of the distribution on a quarterly basis having regard
    to, among other things, the anticipated net cash flows, the net asset
    value and markets generally. There can be no assurance that the amount
    will not vary from quarter to quarter, or that the Fund will make any
    distribution in any particular quarter.

Company Overview

First Asset is an independent Canadian investment management company focused on delivering superior risk-adjusted investment returns to Canadian investors and their investment advisors. Founded in 1996, First Asset is a leading manager of ETFs, mutual funds, and closed end funds in Canada.

Contacts:
First Asset
Investor Relations
416-642-1289 or 1-877-642-1289
www.firstasset.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
SYS-CON Events announced today that Auditwerx will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Auditwerx specializes in SOC 1, SOC 2, and SOC 3 attestation services throughout the U.S. and Canada. As a division of Carr, Riggs & Ingram (CRI), one of the top 20 largest CPA firms nationally, you can expect the resources, skills, and experience of a much larger firm combined with the accessibility and attent...
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
Imagine having the ability to leverage all of your current technology and to be able to compose it into one resource pool. Now imagine, as your business grows, not having to deploy a complete new appliance to scale your infrastructure. Also imagine a true multi-cloud capability that allows live migration without any modification between cloud environments regardless of whether that cloud is your private cloud or your public AWS, Azure or Google instance. Now think of a world that is not locked i...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, will present a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to max...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
MongoDB Atlas leverages VPC peering for AWS, a service that allows multiple VPC networks to interact. This includes VPCs that belong to other AWS account holders. By performing cross account VPC peering, users ensure networks that host and communicate their data are secure. In his session at 20th Cloud Expo, Jay Gordon, a Developer Advocate at MongoDB, will explain how to properly architect your VPC using existing AWS tools and then peer with your MongoDB Atlas cluster. He'll discuss the secur...
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...