TrueShares’ calendar lists a Nov. 3 payment date for the TrueShares S&P Autocallable Defensive Income ETF (PAYM), but provides no amount for investors tracking its next distribution as of Nov. 2.
The calendar marks Nov. 2 as both the record date and the ex-dividend date. A record date determines which shareholders qualify for a distribution. The schedule gives dates but no per-share figure, and its entries do not establish that a payout was declared.
TrueShares describes the fund as seeking moderate monthly income while managing downside risk. The fund’s disclosure says derivatives can lead to investment losses.
For the next cycle, the calendar lists Dec. 1 as the record and ex-dividend date and Dec. 2 as the payable date.
