TD Target 2027 Investment Grade Bond ETF Sets CAD 0.049 Distribution

TD Asset Management Inc. set a CAD 0.049-per-unit October distribution for TD Target 2027 Investment Grade Bond ETF (TBCG), down CAD 0.003 from its September payment.

Unitholders of record Thursday, Oct. 29, are scheduled to receive the payment Nov. 5. The September distribution was CAD 0.052 per unit and was payable Oct. 6.

TBCG is denominated in Canadian dollars and listed on the Toronto Stock Exchange. The fund seeks regular income and capital preservation, investing primarily in investment-grade Canadian corporate bonds denominated in Canadian dollars that mature or are callable in 2027.

The fund is expected to cease trading and be delisted on or about Nov. 30, 2027, with termination shortly afterward. TD set the same record and payment dates for its separate October distribution for the 2026 target bond ETF.