After announcing an additional distribution for investors earlier this year, Invico Capital Corporation is pleased to announce another one-time, non-recurring additional distribution for Invico Diversified Income Fund (“IDIF” or the “Fund”) unitholders of record as at June 30, 2022. This additional distribution is representative of the Fund’s continued elevated performance through the first half of 2022.
“We have continued to enjoy robust energy fundamentals for both oil and gas in North America through the second quarter of 2022, which resulted in the Fund’s energy-related investments making an outsized contribution to Fund performance,” said Allison Taylor, Chief Executive Officer of Invico and Portfolio Manager of IDIF. “High commodity prices and economic constraints have driven inflationary pressures in all sectors and contributed to volatility in public markets, and we are pleased that our exposure to energy commodities has rewarded our unitholders with incremental returns above the targeted rates.”
In the aggregate, this announcement represents an additional $2.4 million in distributions for IDIF unitholders in the second quarter and $4.0 million in distributions in the first half of 2022.
For more information on IDIF, including how to invest, please visit our Investing page.