A distribution date is the date on which the trust sends cash distributions (in the form of a cheque) to registered trust unitholders, either directly or to the brokerage or investment companies that manage the beneficial trust unitholders' account(s). This usually occurs on the 15th day of each month. If that falls on a Saturday, Sunday or statutory holiday, the distribution date is advanced to the last previous business day.
The date on which payments from a security to an investor are made (usually the 25th of the month for Fannie Mae REMIC securities).
Date on which the payout of realized capital gains on securities in the fund portfolio occurred.
The date of the month (usually the 20th or the next business day) the payments on the securities will be paid to the certificate holders.
