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Symphony Floating Rate Senior Loan Fund (SSF-UN.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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7.800.00 (0.00%)
As of 9:41AM EDT. Market open.
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Previous Close7.80
Open7.80
Bid7.81 x N/A
Ask7.84 x N/A
Day's Range7.80 - 7.80
52 Week Range6.45 - 7.93
Volume700
Avg. Volume8,006
Market CapN/A
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Brompton Funds Declare Distributions
    GlobeNewswire

    Brompton Funds Declare Distributions

    TORONTO, April 23, 2021 (GLOBE NEWSWIRE) -- (TSX: CIQ.UN, FFI.UN, SSF.UN, DGS, GDV, LBS, LCS, LCS.PR.A, SBC) – Brompton Funds announces distributions as follows for the following funds: Ticker Amount Per UnitCanadian High Income Equity Fund (“CIQ”)CIQ.UN$0.04Flaherty & Crumrine Investment Grade Preferred Income Fund (“FFI”)FFI.UN$0.07Symphony Floating Rate Senior Loan Fund (“SSF”) (Class A unit)SSF.UN$0.04 Record Dates and Payment Dates are as follows: Record DatePayment DateApril 30, 2021May 14, 2021May 31, 2021June 14, 2021June 30, 2021July 15, 2021 Symphony Floating Rate Senior Loan Fund announces a distribution in the amount of US$0.04 per Class U Unit for the above noted record and payment dates. Symphony Floating Rate Senior Loan Fund announces distributions in the amount of Cdn$0.045 per Class C Unit and Class F Unit for the above noted record and payment dates. Brompton Funds announces distributions payable on May 14, 2021 to class A shareholders of record at the close of business on April 30, 2021 for each of the following funds: Ticker Amount Per Share Dividend Growth Split Corp. (“DGS”)DGS$0.10Global Dividend Growth Split Corp. (“GDV”)GDV$0.10Life & Banc Split Corp. (“LBS”)LBS$0.10Brompton Lifeco Split Corp. (“LCS”)LCS$0.075Brompton Split Banc Corp. (“SBC”)SBC$0.10 Brompton Funds announces distributions payable on May 14, 2021 to preferred shareholders of record at the close of business on April 30, 2021 for the following fund: Ticker Amount Per ShareBrompton Lifeco Split Corp.LCS.PR.A$0.15625 Unitholders of CIQ, FFI, class A and class U unitholders of SSF and class A shareholders of DGS, GDV, LBS, LCS and SBC are reminded that these funds offer distribution reinvestment plans (“DRIP”) which provide holders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth. Holders can enroll in a DRIP program by contacting their investment advisor. About Brompton FundsFounded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including TSX traded closed-end funds and exchange-traded funds. For further information, please contact your investment advisor, call Brompton’s investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@bromptongroup.com or visit our website at www.bromptongroup.com. You will usually pay brokerage fees to your dealer if you purchase or sell units or shares of the investment funds on the Toronto Stock Exchange or other alternative Canadian trading system (an “exchange”). If the units or shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units or shares of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about a fund in the public filings available at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this document and to other matters identified in public filings relating to the funds, to the future outlook of the funds and anticipated events or results and may include statements regarding the future financial performance of the funds. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

  • GlobeNewswire

    Nuveen Asset Management Provides Senior Loan Update

    TORONTO, Jan. 20, 2021 (GLOBE NEWSWIRE) -- (TSX: SSF.UN) Investors and investment advisors are invited to listen to a webinar, hosted by Larry Holzenthaler, Investment Strategist, Nuveen Asset Management (“NAM”). Mr. Holzenthaler discusses some of the recent trends in the U.S. senior loan market and explains why NAM believes loan fundamentals remain positive. The presentation, recorded on January 14, 2021, can be viewed by clicking the following link: SSF January 2021 Update Symphony Floating Rate Senior Loan Fund (the “Fund”) invests primarily in floating-rate senior loans, which are the most senior corporate obligations of a borrower and are secured by the borrower’s assets. Senior loans have a first-priority secured claim on repayment, ahead of bonds and equity. Senior loans offer a high level of income and low interest rate risk compared to traditional fixed income asset classes. Symphony believes that senior loan credit fundamentals remain strong as U.S. economic growth remains intact and corporate default rates are expected to remain low. The Fund offers a $0.48 per unit per annum distribution, paid monthly, which represents a cash distribution rate of 6.6% per annum based on the January 15, 2021 TSX closing price. The Fund is available for purchase on the Toronto Stock Exchange under the ticker symbol SSF.UN. About Brompton Funds Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including TSX traded closed-end funds and exchange-traded funds. For further information, please contact your investment advisor, call Brompton’s investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@bromptongroup.com or visit our website at www.bromptongroup.com. About Nuveen Asset ManagementNuveen Asset Management, LLC, is the is the sub-advisor for the Symphony Floating Rate Senior Loan Fund. NAM specializes in the management of debt and equity strategies including senior loan portfolios. NAM, a registered investment adviser, has been in business for over thirty years and had an aggregate of over U.S. $213 billion of assets under management as of September 30, 2020. NAM is an indirect subsidiary of Nuveen, LLC which is a subsidiary of Teachers Insurance and Annuity Association of America. Annual Performance11-Yr3-Yr5-YrS.I.2S.I.3Symphony Floating Rate Senior Loan Fund – Class A(4.4%)0.9%4.5%4.5%-Symphony Floating Rate Senior Loan Fund – Class C(3.5%)1.0%--1.5%Symphony Floating Rate Senior Loan Fund – Class F(4.3%)1.0%--1.5%Symphony Floating Rate Senior Loan Fund – Class U(3.2%)1.5%4.6%4.4%- (1) Returns are for the periods ended December 31, 2020. The table shows the Fund’s compound returns for each period indicated.(2) Inception Date: November 1, 2011(3) Inception Date: January 10, 2017 You will usually pay brokerage fees to your dealer if you purchase or sell units of the investment fund on the Toronto Stock Exchange or other alternative Canadian trading system (an “exchange”). If the units are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the Fund. You can find more detailed information about the Fund in the public filings available at www.sedar.com. The indicated rates of return are the historical annual compounded total returns including changes in the unit value and reinvestment of all distributions and do not take into account certain fees such as redemption costs or income taxes payable by any securityholder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. The amount of distributions may fluctuate from month to month and there can be no assurance that the Fund will make any distribution in anyparticular month. Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

  • Symphony Floating Rate Senior Loan Fund Renews Normal Course Issuer Bid
    GlobeNewswire

    Symphony Floating Rate Senior Loan Fund Renews Normal Course Issuer Bid

    TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) -- (TSX: SSF.UN) Symphony Floating Rate Senior Loan Fund (the “Fund”) has renewed its normal course issuer bid to purchase up to 857,800 class A units (the “Units”) of the Fund representing approximately 10% of the public float of 8,578,687 Units. The Fund may purchase up to 173,168 Units in any 30 day period which is 2% of the 8,658,418 issued and outstanding Units at November 11, 2020. As of November 11, 2020, the Fund had purchased 153,700 Units of the 998,600 Units under its current bid, as approved by the TSX, at an average price of $7.37 per Unit.The Units may be purchased for cancellation from November 21, 2020 to November 20, 2021 through the facilities of the TSX or other alternative Canadian trading system and may only be purchased at a price per unit not exceeding the last published net asset value per unit. The manager of the Fund believes that such purchases are in the best interest of the Fund and are a desirable use of its available funds.About Brompton Funds Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including TSX traded closed-end funds and exchange-traded funds. For further information, please contact your investment advisor, call Brompton’s investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@bromptongroup.com or visit our website at www.bromptongroup.com.You will usually pay brokerage fees to your dealer if you purchase or sell units of the investment funds on the Toronto Stock Exchange or other alternative Canadian trading system (an “exchange”). If the units are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the investment fund and may receive less than the current net asset value when selling them.There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the Fund. You can find more detailed information about the Fund in the public filings available at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this document and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.