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Invesco Posts PowerShares ETFs’ Distributions

Invesco has released current month distributions for the PowerShares exchange-traded funds listed on Toronto Stock Exchange.

Invesco has released current month distributions for the PowerShares exchange-traded funds (ETFs) listed on Toronto Stock Exchange. Unitholders of record on September 29 will get cash distributions payable on October 7.

The PowerShares 1-5 Year Laddered Investment Grade Corporate Bond Index ETF and the PowerShares Canadian Preferred Share Index ETF are some of the ETFs. The tax composition of the PowerShares ETFs’ distributions will be calculated on an annual basis. It will only be available after the PowerShares ETFs’ tax year-end.

Click here for the release from Canada Newswire.

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