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 20 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 8.19%
Based on current monthly distribution annualized/closing market price as of February 15, 2019
Net Asset Value $10,261,086
NAV per unit $7.5453
NAV Date Feb 15, 2019

Financial Highlights

2016

2017

2018

Net Asset Value per Unit $8.58  $8.20  $6.45 
NAV Date Dec 31, 2016  Dec 31, 2017  Dec 31, 2018 
Market Price per Unit $8.26  $7.99  $6.27 
Cash Distribution per Unit $0.60  $0.60  $0.60 
Net Assets ( $ millions) $15.2  $12.2  $8.76 

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.