Bloom U.S. Income & Growth Fund - Class A (C$)


INVESTMENT OBJECTIVES

The Fund’s investment objectives are to provide holders with:

(i) exposure to an actively managed portfolio comprised primarily of publicly traded high dividend paying U.S. common equity securities, including REITs; 

(ii) stable monthly cash distributions;  and

(iii) the opportunity for capital appreciation.

EXPERIENCED INVESTMENT MANAGER

Over 15 years of experience investing in the high yield equity area

ATTRACTIVE MONTHLY DISTRIBUTION

Pays a high monthly distribution of $0.05 or $0.60 per annum

LIQUIDITY

TSX listing and annual redemptions starting in October 2014

DISTRIBUTION REINVESTMENT PLAN

Class A distributions may be reinvested in Class A units in accordance with the Distribution Reinvestment Plan (DRIP).  For more information please refer to the Plan Document (click here) and the DRIP Q&A (click here).

Fund Facts

Inception Date Mar 21, 2013
Symbol BUA.UN
Current Yield 7.32%
Based on current monthly distribution annualised/closing market price as of May 25, 2017
Net Asset Value $14,259,363
NAV per unit $8.1804
NAV Date May 25, 2017

Financial Highlights

2014

2015

2016

Net Asset Value per Unit $9.36  $8.37  $8.58 
NAV Date Dec 31, 2014  Dec 31, 2015  Dec 31, 2016 
Market Price per Unit $9.20  $8.06  $8.26 
Cash Distribution per Unit $0.60  $0.60  $0.60 
Net Assets ( $ millions) $27.5  $18.9  $15.2 

SUMMARY OF INVESTMENT PORFOLIO

Click here for the current Summary of Investment Portfolio. The Summary may change due to ongoing portfolio transactions of the Fund and is updated on a monthly basis. The Summary details the portfolio composition by sector, as well as the top 25 holdings.