BlackRock® Canada Announces May Cash Distributions for the iShares® ETFs

Rhea-AI Summary

BlackRock Canada has announced the May 2020 cash distributions for its iShares ETFs listed on the TSX or NEO. Unitholders of record on May 25, 2020, will receive distributions on May 29, 2020. Notable per unit distributions include: iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ) at $0.104, and iShares S&P/TSX 60 Index ETF (XIU) at $0.207. The estimated cash distribution for the iShares Premium Money Market ETF (CMR) is $0.016. A more detailed financial update is expected on May 22, 2020.

Positive

• Announcement of monthly cash distributions for multiple iShares ETFs.
• Specific distributions include $0.207 for iShares S&P/TSX 60 Index ETF (XIU) indicating strong income potential.

Negative

• None.

TORONTO, May 15, 2020 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the May 2020 cash distributions for the iShares ETFs listed on the TSX or NEO which pay on a monthly basis as well as XIU. Unitholders of record of a fund on May 25, 2020 will receive cash distributions payable in respect of that fund on May 29, 2020.

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

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60%; width:60%; min-width:60%;">Fund Name	15%; width:15%; min-width:15%;">Fund Ticker	25%; width:25%; min-width:25%;">Cash Distribution Per Unit ($)
iShares 1-10 Year Laddered Corporate Bond Index ETF	CBH	0.049
iShares 1-5 Year Laddered Corporate Bond Index ETF	CBO	0.040
iShares S&P/TSX Canadian Dividend Aristocrats Index ETF	CDZ	0.104
iShares Equal Weight Banc & Lifeco ETF	CEW	0.043
iShares U.S. High Yield Fixed Income Index ETF (CAD-Hedged)	CHB	0.084
iShares 1-5 Year Laddered Government Bond Index ETF	CLF	0.034
iShares 1-10 Year Laddered Government Bond Index ETF	CLG	0.042
iShares S&P/TSX Canadian Preferred Share Index ETF	CPD	0.054
iShares Short Duration High Income ETF (CAD-Hedged)	CSD	0.070
iShares US Dividend Growers Index ETF (CAD-Hedged)	CUD	0.084
iShares Convertible Bond Index ETF	CVD	0.067
iShares Global Monthly Dividend Index ETF (CAD-Hedged)	CYH	0.075
Dynamic Active Tactical Bond ETF	DXB	0.042
Dynamic Active Canadian Dividend ETF	DXC	0.040
Dynamic Active Crossover Bond ETF	DXO	0.057
Dynamic Active Preferred Shares ETF	DXP	0.072
Dynamic Active Investment Grade Floating Rate ETF	DXV	0.032
iShares Canadian Financial Monthly Income ETF	FIE	0.040
iShares Core Canadian Universe Bond Index ETF	XBB	0.072
iShares Canadian Corporate Bond Index ETF	XCB	0.052
iShares Core MSCI Global Quality Dividend Index ETF	XDG	0.064
iShares Core MSCI Global Quality Dividend Index ETF(1)	XDG.U	0.045
iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)	XDGH	0.042
iShares Core MSCI Canadian Quality Dividend Index ETF	XDIV	0.079
iShares Core MSCI US Quality Dividend Index ETF	XDU	0.054
iShares Core MSCI US Quality Dividend Index ETF(1)	XDU.U	0.038
iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged)	XDUH	0.052
iShares Canadian Select Dividend Index ETF	XDV	0.121
iShares J.P. Morgan USD Emerging Markets Bond Index ETF (CAD-Hedged)	XEB	0.057
iShares S&P/TSX Composite High Dividend Index ETF	XEI	0.089
iShares S&P/TSX Capped Financials Index ETF	XFN	0.108
iShares Floating Rate Index ETF	XFR	0.021
iShares Canadian Government Bond Index ETF	XGB	0.042
iShares Global Government Bond Index ETF (CAD-Hedged)	XGGB	0.028
iShares Canadian HYBrid Corporate Bond Index ETF	XHB	0.065
iShares U.S. High Dividend Equity Index ETF (CAD-Hedged)	XHD	0.078
iShares U.S. High Dividend Equity Index ETF	XHU	0.066
iShares U.S. High Yield Bond Index ETF (CAD-Hedged)	XHY	0.083
iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged)	XIG	0.060
iShares S&P/TSX 60 Index ETF	XIU	0.207
iShares Core Canadian Long Term Bond Index ETF	XLB	0.066
iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged)	XPF	0.068
iShares High Quality Canadian Bond Index ETF	XQB	0.044
iShares S&P/TSX Capped REIT Index ETF	XRE	0.068
iShares ESG Canadian Aggregate Bond Index ETF	XSAB	0.045
iShares Core Canadian Short Term Bond Index ETF	XSB	0.053
iShares Conservative Short Term Strategic Fixed Income ETF	XSC	0.046
iShares Conservative Strategic Fixed Income ETF	XSE	0.047
iShares Core Canadian Short Term Corporate + Maple Bond Index ETF	XSH	0.043
iShares Short Term Strategic Fixed Income ETF	XSI	0.051
iShares Short Term High Quality Canadian Bond Index ETF	XSQ	0.034
iShares ESG Canadian Short Term Bond Index ETF	XSTB	0.037
iShares Diversified Monthly Income ETF	XTR	0.050
iShares S&P/TSX Capped Utilities Index ETF	XUT	0.076

⁽¹⁾ Distribution per unit amounts are USD for XDG.U, XDU.U

Estimated May Cash Distributions for the iShares Premium Money Market ETF

The May cash distributions per unit for the iShares Premium Money Market ETF are estimated to be as follows:

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Fund Name	Fund Ticker	Estimated Cash Distribution Per Unit ($)
iShares Premium Money Market ETF	CMR	0.016

BlackRock Canada expects to issue a press release on or about May 22, 2020, which will provide the final amounts for the iShares Premium Money Market ETF.

Further information on the iShares Funds 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, our clients turn to us for the solutions they need when planning for their most important goals. As of March 31, 2020, the firm managed approximately US$6.47 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @BlackRockCA | Blog: www.blackrockblog.com/can/ | LinkedIn: www.linkedin.com/company/blackrock.

About iShares ETFs

iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 900+ exchange traded funds (ETFs) and US$1.85 trillion in assets under management as of March 31, 2020, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock, trusted to manage more money than any other investment firm¹.

¹ Based on US$6.47 trillion in AUM as of 3/31/20

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:
Maeve Hannigan
T – 416-643-4058
Email: Maeve.Hannigan@blackrock.com

FAQ

What are the May 2020 cash distributions for BLK's iShares ETFs?

The announced distributions vary by fund, with the iShares S&P/TSX 60 Index ETF (XIU) set at $0.207.

When will the cash distributions for the iShares ETFs be paid out?

Cash distributions will be paid on May 29, 2020, for unitholders of record as of May 25, 2020.

What is the estimated cash distribution for the iShares Premium Money Market ETF in May 2020?

The estimated cash distribution for the iShares Premium Money Market ETF (CMR) is $0.016.