- FOR IMMEDIATE RELEASE -
AdvisorShares Announces August 2018 Distributions
BETHESDA, Md. — August 28, 2018 – AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), announced August 2018 income distributions for ETFs that pay monthly distributions. Shareholders of record on August 28, 2018 will receive cash distributions paid on August 31, 2018 in the following amounts:
|ETF Name||Ticker||Distribution Amount|
|AdvisorShares Pacific Asset Enhanced Floating Rate ETF||FLRT||$0.17165/per share|
|AdvisorShares Madrona Global Bond ETF||FWDB||$0.07137/per share|
|AdvisorShares Sage Core Reserves ETF||HOLD||$0.17854/per share|
|AdvisorShares Newfleet Multi-Sector Income ETF||MINC||$0.12119/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 Pacific Asset Enhanced Floating Rate ETF (FLRT) – 98.26%
- AdvisorShares Madrona Global Bond ETF (FWDB) – 42.61%
- AdvisorShares Sage Core Reserves ETF (HOLD) – 100%
- AdvisorShares Newfleet Multi-Sector Income ETF (MINC) – 97%
For financial professionals and investors requesting more information, please visit www.advisorshares.com or call the AdvisorShares Investment Consultant Team at 1-877-THE-ETF1 (1-877-843-3831).
A leading provider in the actively managed ETF marketplace, AdvisorShares offers 17 active ETFs with approximately $818 million of assets under management (as of August 24, 2018). Visit www.advisorshares.com to register for free weekly commentary and updates on our active ETF suite. Visit www.alphabaskets.com for educational insight into the active ETF marketplace, and follow @AdvisorShares on Twitter and on Facebook.