Saturday, July 31, 2010

iShares That Pay Monthly Distributions

IShares that Pay Monthly Distributions

www.investingforincome.com

As an income investor I prefer investments that pay monthly distributions. For those that like exchange traded funds that trade on the TSX I suggest iShares.
Cash distributions for the eleven iShares funds listed on the Toronto Stock Exchange which pay on a monthly basis. Unitholders of record on the second to last business day of the month will receive cash distributions payable on last business day of the month. Details of the "per unit" distribution amounts are as follows:
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Cash
Fund Distribution
Fund Name Ticker Per Unit ($)
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iShares DEX Universe Bond Index Fund XBB 0.09828
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iShares DEX All Corporate Bond Index Fund XCB 0.08879
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iShares Dow Jones Canada Select Dividend Index Fund XDV 0.09638
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iShares S&P/TSX Capped Financials Index Fund XFN 0.07515
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iShares DEX All Government Bond Index Fund XGB 0.06154
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iShares U.S. High Yield Bond Index Fund (CAD-Hedged) XHY 0.13200
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iShares U.S. IG Corporate Bond Index Fund XIG 0.07016
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iShares DEX Long Term Bond Index Fund XLB 0.07347
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iShares S&P/TSX Capped REIT Index Fund XRE 0.05900
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iShares DEX Short Term Bond Index Fund XSB 0.08410
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iShares S&P/TSX Income Trust Index Fund XTR 0.06625
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