NOT FOR DISTRIBUTION TO US NEWS SERVICES OR FOR DISTRIBUTION IN THE UNITED STATES
TORONTO, Oct. 14, 2025 (GLOBE NEWSWIRE) — Caldwell Investment Management Ltd., manager of the Caldwell US Dividend Advantage Fund (the “Fund”), is pleased to announce distributions from the Fund's actively managed series of ETFs to registered holders shares as indicated below. The monthly distribution rate of C$0.038 per ETF series unit represents an annualized net asset return of approximately 3%.
| Recording date | Payment date | Distribution per unit |
| October 31, 2025 | November 7, 2025 | CAD 0.038 |
| November 28, 2025 | December 5, 2025 | CAD 0.038 |
| December 31, 2025 | January 8, 2025 | CAD 0.038 |
Unitholders of the ETF Series also have the opportunity to participate in a distribution reinvestment plan (“DRIP”) offered by the Fund, which provides investors with the opportunity to automatically reinvest distributions and realize the benefits of compounded growth. Unitholders can enroll in the DRIP program by contacting their investment advisor.
The Caldwell US Dividend Advantage Fund Series ETF trades on the TSX under the ticker symbol UDA.
For more information, visit our website at www.caldwellinvestment.com or contact us at 416-593-1798 or 1-800-256-2441.
The fund was first offered to the public as a closed-end investment on May 28, 2015, and converted to an open-end mutual fund effective November 15, 2018, with all outstanding units designated as Series F units. The fund's ETF series was launched on March 18, 2020. The fund's performance prior to the conversion date would have been different if the fund had been subject to the same investment restrictions and practices as the current open-end mutual fund.
Investors are urged to consult their financial advisor and carefully review the Prospectus Simplified and Fund Facts before making investment decisions regarding the Fund. Caldwell Investment Management Ltd. makes no representations or warranties as to the accuracy or completeness of the information included herein. Certain statements herein contain forward-looking information that are based on certain historical information of the Fund and reflect current expectations as of the date of this press release. Actual future results may differ materially due to, among other things, prevailing market conditions, as there is no guarantee of realization of capital gains and no assurance that the issuers held in the portfolio will pay dividends or distributions on their securities. Commissions, trailing fees, management fees and expenses can all be associated with mutual fund investments. Mutual funds have no guarantees; their values change frequently and past results may not be repeated. The payment of royalties should not be confused with fund performance, rate of return or profitability. If the distributions paid out exceed the fund's performance, your initial investment will be reduced. Distributions paid as a result of capital gains realized by the fund and income and dividends received by the fund are taxable in the year they are paid. Your adjusted cost basis (“ACB”) will be reduced by the amount of any capital gain, and if your ACB falls below zero, you will have to pay capital gains tax on the amount below zero.
