First Source Mortgage Fund Announces Top-Up Distribution for 2023
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- First Source Mortgage Fund (“the Fund”) announces that it has paid a Top-Up year-end distribution (the “Top-Up distribution”) of 120 bps per eligible Class F unit.
- TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- First Source Mortgage Fund (“the Fund”) announces that it has paid a Top-Up year-end distribution (the “Top-Up distribution”) of 120 bps per eligible Class F unit.
- The top-up distribution recognizes that the annual income generated in 2023 exceeded the regular monthly distributions paid to unitholders.
- The Top-Up distribution is not indicative of future performance by the Fund.
- The total distribution per unit for Class F unitholders during 2023, inclusive of the estimate Top-Up distribution, was 9.50%/unit.