Lysander Funds Limited Announces Estimated Special Distribution for Each Class of Units of Canso Credit Income Fund, Payable on or About January 3, 2022
November 29, 2022 at 09:00 am EST
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Lysander Funds Limited announces estimated special distributions for each class of units of Canso Credit Income Fund as follows: Based on information prepared as of October 31, 2022, the Fund estimates paying an additional distribution ("Special Distribution") in respect of each class of units as follows: Class A units: $0.42231 /unit. Class F units: $0.51304 /unit. The estimated Special Distribution will be payable on December 31, 2022, to unitholders of record as of December 31, 2022.
The estimated Special Distribution will be paid on or about January 3, 2022. The final amount of the Special Distribution will be announced as soon as it is finalized. The actual taxable amounts of all distributions for 2022, including the tax characteristics of the monthly cash and Special Distributions, will be reported to investment dealers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2023.
Canso Credit Income Fund (the Fund) is a Canada-based closed-end fund. The Fund's investment objective is to maximize total returns for unitholders while reducing risk and provide unitholders with monthly cash distributions by taking long and short positions in a portfolio of primarily of corporate bonds and other income securities. The Fund's portfolio manager is Canso Investment Counsel Ltd.
Lysander Funds Limited Announces Estimated Special Distribution for Each Class of Units of Canso Credit Income Fund, Payable on or About January 3, 2022