AdvisorShares November 2021 Distributions Announcement
November 24, 2021
AdvisorShares announced November 2021 income distributions for ETFs that pay monthly or quarterly distributions. Shareholders of record on November 24, 2021 will receive cash distributions paid on November 30, 2021 in the following amounts:
|ETF Name||Ticker||Distribution Amount|
|AdvisorShares North Square McKee ESG Core Bond ETF*||MENV||$ 0.02436/per share|
|AdvisorShares Sage Core Reserves ETF**||HOLD||$ 0.02757/per share|
|AdvisorShares Newfleet Multi-Sector Income ETF||MINC||$ 0.05403/per share|
For Non-Resident Alien (“NRA”) shareholders who are normally subject to a 30% (or lower tax treaty rate depending on the country) NRA withholding tax on ETF dividend income and short-term capital gain dividends (unless such dividends are designated as exempt from NRA withholding tax), the following percentage of ETF distributions have been designated as exempt:
- AdvisorShares North Square McKee ESG Core Bond ETF* – 67.05.77%
- AdvisorShares Sage Core Reserves ETF (HOLD)** – 100%
- AdvisorShares Newfleet Multi-Sector Income ETF (MINC) – 100%
*The Fund’s objective and strategies changed effective November 1st, 2021. Fund performance prior to November 1st, 2021 reflects the investment objective and strategy of the Fund when it was the AdvisorShares FolioBeyond Smart Core Bond ETF (FWDB). The primary changes to the Fund’s principal investment strategies were that (1) the Fund will no longer be a fund of funds, but instead will invest in fixed income securities directly, and (2) the Fund’s portfolio is now managed with a view to environmental, social, and corporate governance (ESG) factors.
**On November 1, 2021, the AdvisorShares Sage Core Reserves ETF (the “Predecessor Fund”) was renamed the AdvisorShares North Square McKee Core Reserves ETF. Performance prior to November 1, 2021 reflects the Fund’s performance prior to the change in manager and may not be indicative of the Fund’s performance under the new manager.
Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting www.advisorshares.com. Please read the prospectus carefully before you invest. Foreside Fund Services, LLC, distributor.
An investment in the Funds is subject to risk, including the possible loss of principal amount invested. The risks associated with each Fund include the risks associated with the underlying ETFs, which can result in higher volatility, and are detailed in each Fund’s prospectus and on each Fund’s webpage.