AdvisorShares Investments, a sponsor of actively managed Exchange Traded Funds (ETFs), has announced February 2012 income distributions for ETFs which pay monthly dividends.
Shareholders of record on 27 February, 2012 will receive cash distributions paid on 29 February, 2012 in the following amounts:
Madrona Global Bond ETF (FWDB) USD0.0520/per share
Peritus High Yield ETF (HYLD) USD0.3126/per share
For Non-Resident Alien (NRA) shareholders who are normally subject to a 30% (or lower tax treaty rate depending on the country) NRA withholding tax on ETF dividend income and short-term capital gain dividends, unless such dividends are designated as exempt from NRA withholding tax, 94.12% of the Peritus High Yield ETF distribution and 65.17% of the Madrona Global Bond ETF distribution has been designated as exempt.