Infrastructure Dividend Split Corp.

Fund Description

The Infrastructure Dividend Split Corp. invests in a diversified, actively managed, high conviction portfolio of Infrastructure Issuers engaged in or may be related to benefit from the gradual reduction of interest rates, the continuation of global decarbonization and favourable demographics like urbanization and a growing middle class.

Infrastructure Dividend Split Corp. offers two types of shares, i) Class A shares that pay monthly distributions representing a yield of 10.0% per annum on the issue price of $15.00 and offer the opportunity for capital appreciation potential; and ii) preferred shares that pay a quarterly distribution representing a yield of 7.2% per annum on the issue price of $10.00.

Key Reasons to Invest:

  • Assets in infrastructure are typically underpinned by long-term, regulated contracts with stable cash flows
  • Benefits from the sector’s unique potential for both income through attractive dividend yields and capital appreciation
  • Exposure to companies aligned with global net-zero regulations and policies like the Inflation Reduction Act and the European Green Deal offering sustainable growth opportunities

IS 

Closing Price  Ways To Invest Press Releases Prospectus (English) Prospectus (French) All Fund Documents

Fund Overview

  • Ticker/CUSIP (Class A Shares):
    IS / 45686H108
  • Ticker/CUSIP (Preferred Shares):
    IS.PR.A / 45686H207
  • Inception Date:
    May 8, 2024
  • Monthly Distribution (Class A Shares):
    $0.125
  • Quarterly Distribution (Preferred Shares):
    $0.18
  • Advisor:
    Middlefield Capital Corporation
  • Eligibility:
    RRSPs, DPSPs, RDSPs, RRIFs, TFSAs, FHSAs and RESPs
  • Management Fee:
    1.10%
  • Risk Rating:
    Not Rated
  • Exchange:
    Toronto Stock Exchange

Fund Managers

Headshot of Robert Lauzon
Robert F. Lauzon
Managing Director and Chief Investment Officer
Headshot of Dean Orrico
Dean Orrico
President and Chief Executive Officer

Distributions (Class A)

Total NAV & Distributions (since inception)  
RECORD DATE PAYMENT DATE PAYMENT AMOUNT
May 31, 2024 June 14, 2024 0.125
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