East Coast Investment Grade Income Fund Announces Fourth Quarter Cash Distribution, Payable on November 15, 2019, December 13, 2019 and January 15, 2020
October 18, 2019 at 09:27 am EDT
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East Coast Investment Grade Income Fund announced fourth quarter cash distribution of $0.04 per unit, payable on November 15, 2019, December 13, 2019 and January 15, 2020 to the shareholders record date of October 31, 2019, November 29, 2019 and December 31, 2019.
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 Fourth Quarter Cash Distribution, Payable on November 15, 2019, December 13, 2019 and January 15, 2020