Global X Sets C$0.04540 Monthly Distribution for HYBR ETF

Global X Investments Canada Inc. set a C$0.04540 monthly distribution for its Global X Active Hybrid Bond and Preferred Share ETF (HYBR), bringing the October amount C$0.00026 above September’s distribution. HYBR trades on the Toronto Stock Exchange and seeks income from hybrid corporate debt, alternative Tier 1 capital and income-generating equities, including preferred securities from Canadian and U.S. companies. Investors enrolled in the fund’s dividend reinvestment plan may receive additional securities instead of cash. The distribution’s tax characterization will be determined after the fund’s tax year-end.

Source: TokenPost