East Coast Investment Grade Income Fund Announces Distributions for the Second Quarter of Fiscal 2018, Payable on May 15, 2018, June 15, 2018 and July 13, 2018
April 12, 2018 at 11:49 am EDT
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East Coast Investment Grade Income Fund announced second quarter distribution of $0.04 per unit payable on May 15, 2018, June 15, 2018 and July 13, 2018 to the shareholders record date of April 30, 2018, May 31, 2018 and June 29, 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 Distributions for the Second Quarter of Fiscal 2018, Payable on May 15, 2018, June 15, 2018 and July 13, 2018