BlackRock® Canada Announces Final May Cash Distributions for the iShares® Premium Money Market ETF

Rhea-AI Summary

BlackRock Canada, a subsidiary of BlackRock, announced final May 2024 cash distributions for its iShares Premium Money Market ETF. Unitholders recorded on May 23, 2024, will receive a cash distribution of $0.188 per unit, payable on May 31, 2024. This announcement pertains to the iShares Premium Money Market ETF with the ticker CM.R. Further details are available on the BlackRock website.

Positive

• Final cash distribution of $0.188 per unit for iShares Premium Money Market ETF, providing income to investors.
• Scheduled payment date ensures timely cash flow for unitholders.
• Clear communication of distribution details aids investor planning.

Negative

• Announcement to a single fund distribution, with no broader financial performance updates.
• Does not address market conditions or fund performance, leaving gaps in investor information.

TORONTO, May 22, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final May 2024 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on May 23, 2024 will receive cash distributions payable on May 31, 2024.

Details regarding the final “per unit” distribution amounts are as follows:

Fund Name	Fund Ticker	Cash Distribution Per Unit ($)
iShares Premium Money Market ETF	CMR	0.188

Further information on the iShares ETFs can be found at http://www.blackrock.com/ca.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @BlackRockCA

About iShares
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1400+ exchange traded funds (ETFs) and US$3.7 trillion in assets under management as of March 31, 2024, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

iShares^® ETFs are managed by BlackRock Asset Management Canada Limited.

Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs. Please read the relevant prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional.  

Contact for Media:
Reem Jazar
Email: reem.jazar@blackrock.com

 

FAQ

What is the May 2024 cash distribution amount for the iShares Premium Money Market ETF?

The final May 2024 cash distribution for the iShares Premium Money Market ETF (CMR) is $0.188 per unit.

When will the May 2024 cash distribution for the iShares Premium Money Market ETF be paid?

The cash distribution will be payable on May 31, 2024.

What is the record date for the May 2024 distribution of iShares Premium Money Market ETF?

The record date for the distribution is May 23, 2024.

Which ETF is BlackRock Canada's announcement about?

The announcement is about the iShares Premium Money Market ETF (ticker: CMR).