First Source Mortgage Fund Announces Estimated Top-Up Distribution for 2023 Distribution

TORONTO, Feb. 26, 2024 (GLOBE NEWSWIRE) — First Source Mortgage Fund (“the Fund”) announces that it has an estimated Top-Up year-end distribution (the “Top-Up distribution”) of 109 bps per eligible Class F unit. The precise amount of the top-up distribution will be confirmed prior to the payment date. The top-up distribution recognizes that the (estimated) annual income generated in 2023 is expected to exceed the regular monthly distributions paid to unitholders. The Top-Up distribution is not indicative of future performance by the Fund.

Read More