Global X Declares $0.154 U.S.-Dollar Distribution for UBIL.U ETF

Global X Investments Canada Inc. set the next monthly distribution for its Global X 0-3 Month U.S. T-Bill ETF (UBIL.U) at $0.154 per unit in U.S. dollars.

That is $0.003 below the fund’s $0.157 payment on Oct. 7. The Toronto Stock Exchange-listed ETF seeks interest income through U.S. Treasury bills that generally have less than three months remaining until maturity.

The same October schedule included a monthly distribution for Global X’s Canadian 0-3 Month T-Bill ETF (CBIL).

Thursday, Oct. 29, is the anticipated ex-date and record date. A buyer who purchases on or after the ex-date is not entitled to that distribution, and the record date determines eligible holders. Payment is scheduled for Nov. 6.