Symphony Floating Rate Senior Loan Fund announces monthly distributions for Class A and Class U Units.

From GlobeNewswire: 2025-01-24 17:05:58

Brompton Funds (TSX: SSF.UN) announces monthly distributions for Symphony Floating Rate Senior Loan Fund’s Class A and Class U Units from January to March 2025. The new distribution rate for Class A Units is $0.045 per month, yielding 7.8% based on the TSX closing price of $6.95 on January 23, 2025. The distribution rate for Class U Units is $0.045 per month, representing a 7.7% annual distribution rate based on a NAV of US$7.04 on January 23, 2025. In 2024, both units outperformed the Credit Suisse Leveraged Loan Index by 2.4% and 2.7%, respectively. The Class A Units have paid 158 consecutive monthly distributions, totaling $8.07 per unit, while the Class U Units have paid $7.99 per unit. The Fund offers a distribution reinvestment plan for automatic reinvestment of distributions. Annual compound returns for the Fund’s units are provided for 1-year, 3-year, 5-year, and 10-year periods, showing outperformance compared to the Credit Suisse Leveraged Loan Index. The Fund is actively managed and past performance does not guarantee future results. Investors should review public filings and consider ongoing fees and expenses associated with owning units of the Fund. Forward-looking statements regarding the Fund’s future financial performance are included in the announcement.



Read more at GlobeNewswire: Symphony Floating Rate Senior Loan Fund Announces