Three Mackenzie fixed-income ETFs announce monthly payouts ranging from CAD 0.03036 to CAD 0.44290 per unit.
Mackenzie Investments has declared monthly distributions for three of its fixed-income ETFs. The Mackenzie US TIPS Index ETF (QTIP:CA) will pay CAD 0.44290 per unit, while the Mackenzie Global Sustainable Bond ETF (MGSB:CA) and Mackenzie Target 2027 North American IG Corporate Bond ETF (MTBA:CA) will distribute CAD 0.03036 and CAD 0.04255, respectively.
The distributions reflect the ETFs’ underlying bond holdings and inflation-linked securities. Prior monthly payouts for these funds have varied based on market conditions and yield environments. The latest declarations follow recent trends in fixed-income ETF distributions amid steady interest rates.
No immediate market reaction was reported following the announcement.