East Coast Investment Grade Income Fund Announces Distribution for the First Quarter 2018, Payable on or before February 15, 2018, March 15, 2018, April 13, 2018
January 09, 2018 at 04:00 pm EST
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East Coast Investment Grade Income Fund announced distribution of $0.04 per unit to be paid on or before February 15, 2018 to unitholders of record on January 31, 2018 for the first quarter. A distribution will also be paid in the amount $0.04 per unit on or before each of March 15, 2018 and April 13, 2018 to unitholders of record on February 28, 2018 and March 30, 2018 respectively.
East Coast Investment Grade Income Fund is a closed-end investment fund. The Fund's investment objectives are to maximize total returns to the holders of units (the unitholders) while reducing risk and to provide unitholders with monthly tax-advantaged cash distributions. The Fund seeks to achieve these investment objectives by obtaining exposure to the portfolio that is comprised primarily of investment grade debt securities (both long and short positions) of Canadian corporate and government issuers. The Portfolio may also include non-investment grade debt securities and may invest in other asset classes in connection with its macro systemic risk protection program. It invests in various sectors, including financial, communications, consumer, cyclical, energy, consumer, non-cyclical, asset backed securities, funds, industrial, diversified and utilities. The Fund's investment manager is Arrow Capital Management Inc. East Coast Fund Management Inc. is the Fund's portfolio advisor.
East Coast Investment Grade Income Fund Announces Distribution for the First Quarter 2018, Payable on or before February 15, 2018, March 15, 2018, April 13, 2018