This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Highland/iBoxx Senior Loan ETF Announces Declaration Of February Regular Distribution

Highland/iBoxx Senior Loan ETF (the “Fund”) (NYSE: SNLN) declared a regular distribution, for February 2013, of $0.085 per share, payable on the last business day of the month to holders of record at the close of business February 20, 2013.
Month-End Distributions      
Payment Date Amount
Ordinary     ST Cap Gain     LT Cap Gain     Total
February 28, 2013 $ 0.085 $ $ $ 0.085
January 31, 2013 $ 0.099 $ $ $ 0.099
December 31, 2012 $ 0.149 $ $ $ 0.149
 

The distribution amount is based on an estimation of investment income and may or may not include a return of capital. The distribution amount is based solely on actual distributions, which are made at the discretion of the Fund. As of February 13, 2013 the 30 Day SEC Yield was 5.25%.
Total Returns as of 12/31/12     1 Month     Since Inception (11/6/12)
Highland/iBoxx Senior Loan ETF (NAV)     1.10%     0.60%
Highland/iBoxx Senior Loan ETF (Market Price)     1.35%     1.45%
       
 
Total Returns as of 1/31/13     1 Month     Since Inception (11/6/12)
Highland/iBoxx Senior Loan ETF (NAV)     1.65%     2.26%
Highland/iBoxx Senior Loan ETF (Market Price)     1.44%     2.91%
 

Total operating expenses as of the most recent fund prospectus are 0.55%. Performance data represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares. For most recent month-end performance please visit www.highlandfunds.com or call 1-855-799-4757.

This press release is not for tax reporting purposes but is being provided to announce the amount of the Fund’s distributions that have been declared by the Fund. In early 2014, after definitive information is available, the Fund will send shareholders a Form 1099-DIV specifying how the distributions paid by the Fund during the calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, short-term capital gain, long-term capital gain or return of capital).

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,751.39 +121.12 0.69%
S&P 500 2,108.57 +15.32 0.73%
NASDAQ 5,111.7330 +22.5270 0.44%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs