Daintree Core Income Active ETF's December Distribution Announcement
DAINTREE CORE INCOME ACTIVE ETF (DCO) Share Update January 2025 Wednesday 15th
Daintree Core Income Active ETF Announces Estimated Monthly Distribution
Perennial Investment Management Limited has announced the estimated monthly distribution for the Daintree Core Income Active ETF (ASX: DCOR) for December 2025.
Instant Summary:
- Estimated distribution of 17.00 cents per unit.
- Ex Distribution Date: Monday 20 January 2025.
- Record Date: Tuesday 21 January 2025.
- DRP Election Date: 5 PM Tuesday 21 January 2025.
- Payment Date: Tuesday 28 January 2025.
Distribution Details
The Daintree Core Income Active ETF (ASX: DCOR), managed by Daintree Capital, has declared an estimated distribution of 17.00 cents per unit for December 2025. Investors must be registered as unitholders by the Record Date of 21 January 2025 to receive this distribution.
The Ex Distribution Date is set for 20 January 2025, meaning investors need to purchase units before this date to be eligible. The payment will be made on 28 January 2025. Investors are encouraged to register their bank details with OneVue Fund Services to ensure timely electronic payments.
Distribution Reinvestment Plan (DRP)
The Distribution Reinvestment Plan (DRP) is available for this distribution. Unitholders wishing to participate must make an election by 5 PM on 21 January 2025. If no election is made, it will be assumed that the distribution will be reinvested in the DRP.
Unitholders can submit their bank details or preferred distribution method via the Change of Details form available on the Daintree Capital website. Alternatively, they can contact Client Services for assistance.
About the Fund
The Daintree Core Income Active ETF aims to provide a steady income stream and capital stability by investing in a diversified portfolio of fixed income securities and cash. The fund seeks to exceed the RBA Cash Rate over a market cycle.
This announcement is likely to have a positive impact on investor sentiment, as the distribution aligns with the fund's objective of providing steady income. The availability of the DRP may also attract investors looking for reinvestment opportunities.
Investor Reaction:
Analysts may view the consistent distribution as a sign of stability and effective management. The fund's focus on income and capital stability could appeal to conservative investors, especially in uncertain market conditions.
Conclusion:
Investors should take note of the key dates and ensure their details are up to date to receive distributions. The Daintree Core Income Active ETF continues to offer a reliable income stream, making it an attractive option for income-focused investors.