AdvisorShares, a sponsor of actively managed exchange-traded funds, has announced its June 2012 income distributions for ETFs that pay monthly or quarterly dividends.
Shareholders of record on 27 June 2012 will receive cash distributions paid on 29 June 2012 in the following amounts:
Madrona Global Bond ETF USD0.0476/per share
Peritus High Yield ETF USD0.3718/per share
WCM/BNY Mellon Focused Growth ADR ETF USD0.0387/per share
Global Echo ETF USD0.0000/per share
For non-resident alien (NRA) shareholders who are normally subject to a 30 per cent (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, 90.60 per cent of the Peritus High Yield ETF distribution and 63.31 per cent of the Madrona Global Bond ETF distribution has been designated as exempt.