Q: I was under the impression this ETF didn't pay distributions. Though actually, it does say on its site that it pays them annually. It just doesn't give any idea how much that might be. On my TD Webroker account, though, under projected income it has $2,381.86 for my 290 shares of DXG. That suggests a distribution of over 10%, which I find HIGHLY unlikely given the nature of its underlying holdings. Could you please clear this up for me?
5i Research Answer:
We would also consider that highly unlikely. In 2017, the fund paid $0.01396 per unit (less than 2c). In paid none in 2018, 2019, and 2020. In 2021, $0.013. In 2022, $0.078. In 2023, $0.24591. In 2024, none.