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Aberdeen Global Premier Properties Fund Announces Record Date And Payment Date For Monthly Distribution

PR Newswire

PHILADELPHIA, Jan. 12, 2021 /PRNewswire/ — Aberdeen Global Premier Properties Fund(NYSE: AWP) (the “Fund”), a closed-end fund, today announced that it will pay on January 29, 2021, a distribution of US $0.04 per share to all shareholders of record as of January 22, 2021 (ex-dividend date January 21, 2021). The Fund’s distribution policy is to provide investors with a stable monthly distribution out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital.    

Under U.S. tax rules applicable to the Fund, the amount and character of distributable income for each fiscal year can be finally determined only as of the end of the Fund’s fiscal year. However, under Section 19 of the Investment Company Act of 1940, as amended (the “1940 Act”) and related Rules, the Fund may be required to indicate to shareholders the source of certain distributions to shareholders.

The following table sets forth the estimated amounts of the sources of the distribution for purposes of Section 19 of the 1940 Act and the Rules adopted thereunder. The table has been computed based on generally accepted accounting principles.  The table includes estimated amounts and percentages for the distribution to be paid on January 29, 2021, as well as the estimated cumulative distributions declared fiscal year to date (11/01/2020 – 12/31/2020), from the following sources: net investment income; net realized short-term capital gains; net realized long-term capital gains; and return of capital.  The estimated composition of the distributions may vary from month to month because the estimated composition may be impacted by future income, expenses and realized gains and losses on securities and currencies.

Estimated Amounts of Current Monthly Distribution per share ($)

Estimated Amounts of Current Monthly Distribution per share (%)

Estimated Amounts of Fiscal Year to Date Cumulative Distributions per share ($)

Estimated Amounts of Fiscal Year to Date Cumulative Distributions per share (%)

Net Investment Income

$0.0116

29%

$0.0348

29%

Net Realized Short-
Term Capital Gains*

–

–

–

Net Realized Long-
Term Capital Gains

–

–

–

–

Return of Capital

$0.0284

71%

$0.0852

71%

Total (per common share)

$0.0400

100%

$0.1200

100%

*includes currency gains

The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income.”

Shareholders should not draw any conclusions about the Fund’s investment performance from the amount of the Fund’s current distributions or from the terms of the distribution policy (the “Distribution Policy”).

The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The final determination of the source of all distributions in 2021 will be made after year-end. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of the fiscal year and may be subject to change based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following table provides the Fund’s total return performance based on net asset value (NAV) over various time periods compared to the Fund’s annualized and cumulative distribution rates.

Average Annual Total Return on NAV for the 5 Year Period Ended 12/31/20201

6.91%

Current Fiscal Period’s Annualized Distribution Rate on NAV2

8.01%


Fiscal Year to Date (11/01/2020 to 12/31/2020)

Cumulative Total Return on NAV1

16.18%

Cumulative Distribution Rate on NAV2

1.34%

1 Return data is net of all fund expenses and fees and assumes the reinvestment of all distributions reinvested at prices obtained under the Fund’s dividend reinvestment plan, with the exception of the most recent distribution which is using an estimated reinvestment price.
2 Based on the Fund’s NAV as of December 31, 2020.

While NAV performance may be indicative of the Fund’s investment performance, it does not measure the value of a shareholder’s investment in the Fund. The value of a shareholder’s investment in the Fund is determined by the Fund’s market price, which is based on the supply and demand for the Fund’s shares in the open market.

Pursuant to an exemptive order granted by the Securities and Exchange Commission on March 30, 2010, the Fund may distribute any long-term capital gains more frequently than the limits provided in Section 19(b) under the 1940 Act and Rule 19b-1 thereunder. Therefore, distributions paid by the Fund during the year may include net income, short-term capital gains, long-term capital gains and/or a return of capital. Net income dividends and short-term capital gain dividends, while generally taxable at ordinary income rates, may be eligible, to the extent of qualified dividend income earned by the Fund, to be taxed at a lower rate not to exceed the maximum rate applicable to your long-term capital gains. Distributions made in any calendar year in excess of investment company taxable income and net capital gain are treated as taxable ordinary dividends to the extent of undistributed earnings and profits, and then as a return of capital that reduces the adjusted basis in the shares held. To the extent return of capital distributions exceed the adjusted basis in the shares held, capital gain is recognized with a holding period based on the period the shares have been held at the date such amount is received. Shareholders should not draw any conclusions about the Fund’s investment performance from the terms of the distribution policy. The final determination of the source of all distributions will be made after year-end. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the fiscal year and may be subject to change based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report distributions for federal income tax purposes.

The payment of distributions in accordance with the Distribution Policy may result in a decrease in the Fund’s net assets. A decrease in the Fund’s net assets may cause an increase in the Fund’s annual operating expense ratio and a decrease in the Fund’s market price per share to the extent the market price correlates closely to the Fund’s net asset value per share. The Distribution Policy may also negatively affect the Fund’s investment activities to the extent that the Fund is required to hold larger cash positions than it typically would hold or to the extent that the Fund must liquidate securities that it would not have sold, for the purpose of paying the distribution. The Fund’s Board of Directors has the right to amend, suspend or terminate the Distribution Policy at any time. The amendment, suspension or termination of the Distribution Policy may affect the Fund’s market price per share. Investors should consult their tax advisor regarding federal, state and local tax considerations that may be applicable in their particular circumstances.

Circular 230 disclosure:  To ensure compliance with requirements imposed by the U.S. Treasury, we inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.

In the United States, Aberdeen Standard Investments is the marketing name for the following affiliated, registered investment advisers:  Aberdeen Standard Investments Inc., Aberdeen Asset Managers Ltd., Aberdeen Standard Investments Australia Ltd., Aberdeen Standard Investments (Asia) Ltd., Aberdeen Capital Management, LLC, Aberdeen Standard Investments ETFs Advisors LLC and Aberdeen Standard Alternative Funds Limited.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund’s investment return and principal value will fluctuate so that an investor’s shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund’s portfolio. There is no assurance that the Fund will achieve its investment objective. Past performance does not guarantee future results.

If you wish to receive this information electronically, please contact [email protected]

aberdeenawp.com

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SOURCE Aberdeen Global Premier Properties Fund

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Almaden Comments on Media Reports

VANCOUVER, British Columbia, Jan. 12, 2021 (GLOBE NEWSWIRE) — Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; NYSE American: AAU) understands that certain media have reported that Mexico’s Supreme Court will soon make a ruling on the constitutionality of the Mexico’s mining code, stemming from a complaint brought in relation to the Company’s mineral claims in Ixtacamaxtitlán, Puebla State, Mexico.

The Company wishes to confirm that the case pertaining to its Ixtaca mineral claims is not being heard at the Supreme Court level and therefore this reported ruling cannot relate to the Company’s Ixtaca project. The Company is aware that other mineral claims in Puebla State unrelated to the Company’s Ixtaca project are the subject of one or more complaints at the Supreme Court level, but the Company has no first-hand knowledge of the status of these cases.

About Almaden

Almaden Minerals Ltd. owns 100% of the Ixtaca project in Puebla State, Mexico, subject to a 2.0% NSR royalty held by Almadex Minerals Ltd. The Ixtaca Gold-Silver Deposit was discovered by Almaden in 2010.

On Behalf of the Board of Directors,


“J. Duane Poliquin”    

J. Duane Poliquin
Chairman
Almaden Minerals Ltd.


Forward Looking Statements

Certain of the statements and information in this news release constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian provincial securities laws. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things: SEMARNAT’s notification stating that the Company’s MIA in respect of the Ixtaca project has not received approval; the reasons for SEMARNAT’s decision; and alternative available to the Company in respect of SEMARNAT’s decision.

These forward-looking statements and information reflect the Company’s current views with respect to future events and are necessarily based upon a number of assumptions, including assumptions in respect of litigation involving the constitutionality of the Mexico’s mining code and the status of mineral tenure to the Company’s Ixtaca Project.  While these views are considered reasonable by the Company, they are inherently subject to significant legal, regulatory, business, operational and economic uncertainties and contingencies, and such uncertainty generally increases with longer-term forecasts and outlook. These assumptions include: stability and predictability in Mexico’s mineral tenure, mining, agrarian and environmental laws and regulations, as well as their application and judicial decisions thereon; continued respect for the rule of law in Mexico; prices for gold, silver and base metals remaining as estimated; currency exchange rates remaining as estimated; availability of funds; capital, decommissioning and reclamation estimates; mineral reserve and resource estimates; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions; all necessary permits, licenses and regulatory approvals being received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; community support in the Ixtaca Project; and the ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.

The Company cautions the reader that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release.   Such risks and other factors include, among others, risks related to: political risk in Mexico;
certainty of mineral title and the outcome of litigation;  crime and violence in Mexico; corruption; environmental risks, including environmental matters under Mexican laws and regulations; impact of environmental impact assessment requirements on the Company’s planned exploration and development activities on the Ixtaca Project; community relations; governmental regulations and the ability to obtain necessary licences and permits; risks related to mineral properties being subject to prior unregistered agreements, transfers or claims and other defects in title; changes in mining, environmental or agrarian laws and regulations and changes in the application of standards pursuant to existing laws and regulations which may increase costs of doing business and restrict operations; as well as those factors discussed the section entitled “Risk Factors” in Almaden’s Annual Information Form and Almaden’s latest Form 20-F on file with the United States Securities and Exchange Commission in Washington, D.C. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that our forward-looking statements or information will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking statements or information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to on forward-looking statements or information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact Information:

Almaden Minerals Ltd.                   
Tel. 604.689.7644
Email: [email protected]
http://www.almadenminerals.com/



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Timber Pharmaceuticals Receives Orphan Drug Designation from U.S. FDA for TMB-003 for the Treatment of Systemic Sclerosis

Timber Expects to Submit Investigational New Drug (IND) Application to the FDA in 2022

WOODCLIFF LAKE, N.J., Jan. 12, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Timber Pharmaceuticals, Inc. (“Timber” or the “Company”) (NYSE American: TMBR), a biopharmaceutical company focused on the development and commercialization of treatments for rare and orphan dermatologic diseases, today announced that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation to TMB-003, the company’s locally delivered formulation of sitaxsentan, for the treatment of systemic sclerosis.

“People who are living with systemic sclerosis or scleroderma often struggle with their quality of life because the condition can be disfiguring and may cover joints and cause pain that affects movement and mobility,” said John Koconis, Chief Executive Officer of Timber. “Currently there is no FDA approved treatment for any cutaneous symptoms in scleroderma. We are pleased to receive orphan drug designation for our investigational treatment and look forward to advancing into clinical stage research.”

The Orphan Drug Designation program provides orphan status to drugs and biologics that are intended for the treatment, prevention or diagnosis of a rare disease or condition that affects less than 200,000 people in the U.S. Systemic sclerosis is a group of rare autoimmune connective tissue disorders (CTD) characterized by inflammation and thickening of the skin and other connective tissues from excessive collagen deposition. Systemic sclerosis leads to abnormalities in the skin, joints, and internal organs.

Sitaxsentan is a highly selective endothelin (ET-A) receptor antagonist, which is a class of drugs previously developed in oral form for the treatment of pulmonary arterial hypertension (PAH). TMB-003 is a locally delivered formulation of sitaxsentan that has the potential to reduce collagen while addressing systemic safety concerns associated with oral administration. Timber is in the preclinical stages of evaluating TMB-003 for the treatment of scleroderma and expects to submit an Investigational New Drug (IND) application to the FDA in 2022.

About Timber Pharmaceuticals, Inc.

Timber Pharmaceuticals, Inc. is a biopharmaceutical company focused on the development and commercialization of treatments for rare and orphan dermatologic diseases. The Company’s investigational therapies have proven mechanisms-of-action backed by decades of clinical experience and well-established CMC (chemistry, manufacturing and control) and safety profiles. The Company is initially focused on developing non-systemic treatments for rare dermatologic diseases including congenital ichthyosis (CI), facial angiofibromas (FAs) in tuberous sclerosis complex (TSC), and scleroderma. For more information, visit www.timberpharma.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the Company’s product development, clinical and regulatory timelines, market opportunity, competitive position, intellectual property rights, possible or assumed future results of operations, business strategies, potential growth opportunities and other statements that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management’s current beliefs and assumptions.

These statements may be identified by the use of forward-looking expressions, including, but not limited to, “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “potential, “predict,” “project,” “should,” “would” and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company’s Form 10-Q filed on August 18, 2020 and its other filings with the Securities and Exchange Commission. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

For more information, contact:

Timber Pharmaceuticals, Inc. 
John Koconis 
Chief Executive Officer
[email protected]

Investor Relations:
Stephanie Prince
PCG Advisory
(646) 762-4518
[email protected]

Media Relations:
Adam Daley
Berry & Company Public Relations
(212) 253-8881
[email protected]



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Bunker Hill Appoints David Wiens as Chief Financial Officer & Corporate Secretary

TORONTO, Jan. 12, 2021 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp (the “Company”) (CSE: BNKR) is pleased to announce the appointment of David Wiens as Chief Financial Officer & Corporate Secretary, effective immediately. Mr. Wiens will take over from Wayne Parsons, who is remaining on the Board as Non-Executive Director, also effective immediately.   

Mr. Wiens is an experienced mining executive with over 17 years’ experience in corporate finance, financial planning & analysis (“FP&A”), treasury and investor relations. Mr. Wiens spent the last eight years with Americas-focused precious metals companies, including over six years at SSR Mining Inc. where he was part of a team that transformed the company from a single asset silver producer with limited mine life to a diversified long-life precious metals company, while meeting production and cost guidance seven years in a row. As Director, Corporate Finance, he led a number of functions including corporate finance, FP&A, treasury, investor relations, concentrate marketing and gold dore sales. SSR Mining Inc. completed a $5 billion merger with Alacer Gold Corp. in September 2020. Most recently, Mr. Wiens was the Vice President, Corporate Finance & Treasury at Great Panther Mining Limited where he delivered several non-dilutive financings and led a team responsible for corporate development, corporate finance, FP&A, treasury, concentrate marketing, and gold dore sales. Prior to his corporate roles, he was an investment banker at a number of financial institutions, including Deutsche Bank AG in London, United Kingdom. Mr. Wiens earned his Bachelor of Commerce with a Finance specialization at the University of British Columbia in Canada, is a CFA® Charterholder, and is completing the CPA designation.

Sam Ash CEO of Bunker Mining commented: “I am pleased to welcome David to the team, which marks a key milestone for Bunker Hill. His corporate finance and capital markets experience add an essential strategic capability to our executive team as we move closer to our goal of restarting the Bunker Hill mine. I would also like to thank Wayne for his invaluable contributions, advice and leadership as our CFO during the early and critical phases of our Company’s transformation. He remains as a hugely significant member of the Company’s leadership team.”

Mr. Wiens commented: “I am thrilled at the opportunity to help build this company alongside such an accomplished and capable executive team led by Sam Ash. The historical Bunker Hill mine has significant potential and I look forward to playing my part in growing the company around this exciting cornerstone asset.”

About Bunker Hill Mining Corp.

Bunker Hill Mining Corp. has an option to acquire 100% of all saleable assets at the Bunker Hill Mine. Information about the Company is available on its website, www.bunkerhillmining.com, or within the SEDAR and EDGAR databases.

For additional information contact:

Sam Ash, President and Chief Executive Officer
+1 208 786 6999
[email protected]

Cautionary Statements

Certain statements in this news release are forward-looking and involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, as well as within the meaning of the phrase ‘forward-looking information’ in the Canadian Securities Administrators’ National Instrument 51-102 – Continuous Disclosure Obligations. Forward-looking statements are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s intentions regarding its objectives, goals or future plans and statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to: the ability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains; failure to identify mineral resources; failure to convert estimated mineral resources to reserves; the inability to complete a feasibility study which recommends a production decision; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; political risks; changes in equity markets; uncertainties relating to the availability and costs of financing needed in the future; the inability of the Company to budget and manage its liquidity in light of the failure to obtain additional financing, including the ability of the Company to complete the payments pursuant to the terms of the agreement to acquire the Bunker Hill Mine Complex; inflation; changes in exchange rates; fluctuations in commodity prices; delays in the development of projects; capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry; and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.



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Invesco Ltd. Announces December 31, 2020 Assets Under Management

PR Newswire

ATLANTA, Jan. 12, 2021 /PRNewswire/ — Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,349.9 billion, an increase of 4.3% versus previous month-end. Total net inflows were $11.9 billion. The firm achieved net long-term inflows of $5.9 billion this month. Non-management fee earning net inflows were $2.1 billion and money market net inflows were $3.9 billion. AUM was positively impacted by favorable market returns, which increased AUM by $27 billion. Reinvested distributions increased AUM by $12.9 billion and FX increased AUM by $4.0 billion. Preliminary average total AUM for the quarter through December 31 were $1,278.2 billion, and preliminary average active AUM for the quarter through December 31 were $935.1 billion.


Total Assets Under Management

(in billions)


Total


Equity


Fixed Income


Balanced


Money Market


Alternatives

December 31, 2020 (a)

$1,349.9

$689.6

$296.4

$78.9

$108.5

$176.5

November 30, 2020

$1,294.0

$651.6

$291.2

$73.9

$104.4

$172.9

October 31, 2020

$1,206.5

$582.0

$282.9

$68.2

$102.5

$170.9

September 30, 2020

$1,218.2

$592.4

$276.4

$68.1

$109.3

$172.0


Active (b)

(in billions)


Total


Equity


Fixed Income


Balanced


Money Market


Alternatives

December 31, 2020 (a)

$979.3

$383.2

$259.4

$77.9

$108.5

$150.3

November 30, 2020

$946.7

$366.2

$254.3

$73.1

$104.4

$148.7

October 31, 2020

$891.1

$327.6

$247.5

$67.4

$102.5

$146.1

September 30, 2020

$900.2

$334.0

$242.8

$67.3

$109.3

$146.8


Passive (b)

(in billions)


Total


Equity


Fixed Income


Balanced


Money Market


Alternatives

December 31, 2020 (a)

$370.6

$306.4

$37.0

$1.0

$0.0

$26.2

November 30, 2020

$347.3

$285.4

$36.9

$0.8

$0.0

$24.2

October 31, 2020

$315.4

$254.4

$35.4

$0.8

$0.0

$24.8

September 30, 2020

$318.0

$258.4

$33.6

$0.8

$0.0

$25.2


a)


Preliminary – subject to adjustment.       


b)


Passive AUM includes index-based ETF’s, UIT’s, non-fee earning leverage, foreign exchange overlays and other passive mandates.  Active AUM are total AUM less passive AUM.

About Invesco Ltd.
Invesco is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. With offices in 25 countries, our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. For more information, visit www.invesco.com/corporate.

Investor Relations Contact: Aimee Partin 404-724-4248
Media Relations Contact: Graham Galt 404-439-3070

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SOURCE Invesco Ltd.

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AB Announces December 31, 2020 Assets Under Management

PR Newswire

NEW YORK, Jan. 12, 2021 /PRNewswire/ — AllianceBernstein L.P. (“AB”) and AllianceBernstein Holding L.P. (“AB Holding”) (NYSE: AB) today announced that preliminary assets under management increased to $686 billion during December 2020 from $668 billion at the end of November. The 2.7% increase was due to market appreciation, partially offset by modest firmwide net outflows. By channel, net outflows from Private Wealth and Retail were partly offset by net inflows to Institutions. There were no outflows resulting from AXA S.A’s ongoing redemption of certain low-fee fixed income mandates. In 2020, these redemptions amounted to approximately $11.8 billion of the total expected redemptions of $14 billion.


AllianceBernstein L.P. (The Operating Partnership)


Assets Under Management ($ in Billions)


At December 31, 2020


At Nov 30


2020


Private


Institutions


Retail


Wealth


Total


Total


Equity

Actively Managed


$


60


$


107


$


51


$


218


$


208

Passive


28


36


—


64


62


Total Equity


88


143


51


282


270


Fixed Income

Taxable


164


85


15


264


261

Tax-Exempt


1


23


26


50


50

Passive


—


8


—


8


9


Total Fixed Income


165


116


41


322


320


Other(1)


63


6


13


82


78


Total


$


316


$


265


$


105


$


686


$


668


At November 30, 2020


Total


$


307


$


258


$


103


$


668


(1) Includes certain multi-asset services and solutions and certain alternative investments.

Cautions Regarding Forward-Looking Statements

Certain statements provided by management in this news release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. The most significant of these factors include, but are not limited to, the following: the performance of financial markets, the investment performance of sponsored investment products and separately-managed accounts, general economic conditions, industry trends, future acquisitions, integration of acquired companies, competitive conditions, and government regulations, including changes in tax regulations and rates and the manner in which the earnings of publicly-traded partnerships are taxed. AB cautions readers to carefully consider such factors. Further, such forward-looking statements speak only as of the date on which such statements are made; AB undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. For further information regarding these forward-looking statements and the factors that could cause actual results to differ, see “Risk Factors” and “Cautions Regarding Forward-Looking Statements” in AB’s Form 10-K for the year ended December 31, 2019 or subsequent Forms 10-Q. Any or all of the forward-looking statements made in this news release, Form 10-K, Form 10-Q, other documents AB files with or furnishes to the SEC and any other public statements issued by AB, may turn out to be wrong. It is important to remember that other factors besides those listed in “Risk Factors” and “Cautions Regarding Forward-Looking Statements”, and those listed above, could also adversely affect AB’s financial condition, results of operations and business prospects.

About AllianceBernstein

AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets.

As of December 31, 2020, including both the general partnership and limited partnership interests in AllianceBernstein, AllianceBernstein Holding owned approximately 36.0% of AllianceBernstein and Equitable Holdings, Inc. (“EQH”), directly and through various subsidiaries, owned an approximate 64.8% economic interest in AllianceBernstein.

Additional information about AB may be found on our website, www.alliancebernstein.com.

 

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Russell Investments Canada Limited Announces Quarterly Distributions for Exchange Traded Fund Series

Russell Investments Canada Limited Announces Quarterly Distributions for Exchange Traded Fund Series

TORONTO–(BUSINESS WIRE)–
Russell Investments Canada Limited (“Russell Investments Canada”) today announced cash distributions for the ETF Series (“ETF Series”) of certain Russell Investments Canada mutual funds listed below for the months of January, February and March. Unitholders of record of the ETF Series, as of the Record Date, will receive a per-unit cash distribution payable on the Payment Date.

Details of the per-unit cash distribution amount are as follows:

Fund Name

Ticker Symbol

Cash Distribution per Unit ($)

CUSIP

ISIN

Record Date

Payment Date

Exchange

Russell Investments Fixed Income Pool

RIFI

$0.0308

78249T103

CA78249T1030

January 20,

2021

January 25,

2021

TSX

February 22,

2021

February 25,

2021

March 22,

2021

March 25,

2021

Russell Investments Global Unconstrained Bond Pool

RIGU

$0.0277

78250N102

CA78250N1024

January 20,

2021

January 25,

2021

TSX

February 22,

2021

February 25,

2021

March 22,

2021

March 25,

2021

Russell Investments Global Infrastructure Pool

RIIN

$0.065

78250R103

CA78250R1038

January 20,

2021

January 25,

2021

TSX

February 22,

2021

February 25,

2021

March 22,

2021

March 25,

2021

Russell Investments Real Assets

RIRA

$0.067

78250P107

CA78250P1071

January 20,

2021

January 25,

2021

TSX

February 22,

2021

February 25,

2021

March 22,

2021

March 25,

2021

The Manager, Russell Investments Canada, administers and manages the ETF Series.

About Russell Investments Canada Limited

Russell Investments Canada Limited is a wholly owned subsidiary of Russell Investments Group, Ltd. Established in 1985, Russell Investments Canada Limited has its head office in Toronto.

About Russell Investments

Russell Investments is a leading global investment firm providing tailored solutions and services to institutions and individuals through financial intermediaries. Russell Investments is dedicated to improving people’s financial security, leveraging an 83-year client-centric heritage rooted in investment innovation. The firm is the fourth largest adviser in the world with CAD$397.3 billion in assets under management (as of 9/30/2020) and CAD$3.4 trillion in assets under advisement (as of 6/30/2020) for clients in 32 countries. Headquartered in Seattle, Washington, Russell Investments operates through 19 additional offices in major financial centers such as New York, London, Tokyo, Toronto and Shanghai.

Not for distribution to U.S. newswire services or dissemination in the United States.

Commissions, management fees and expenses all may be associated with an investment in the ETF Series Units. Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus. Please read the prospectus and ETF Facts carefully before investing. The ETF Series Units are not guaranteed, their value may change frequently and past performance may not be repeated.

Certain statements included in this news release may contain forward-looking statements. Forward-looking statements are statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as or similar to, “expects”, “anticipates”, “believes” or negative versions thereof. Forward looking statements are based on current expectations and projections about future events and are inherently subject to, among other things, risk, uncertainties and assumptions about economic factors that could cause actual results and events to differ materially from what is contemplated. We encourage you to consider these and other factors carefully before making any investment decisions and we urge you to avoid placing undue reliance on forward-looking statements. Russell Investments has no specific intention of updating any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

For a summary of the risks of an investment in the fund, please see the specific risks of mutual funds section of the prospectus. Units of ETF Series trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase risk of loss.

Distributions are not guaranteed and are subject to change and/or elimination. Income tax considerations for investors are contained in the prospectus. Please read the prospectus carefully before investing.

Russell Investments is the operating name of a group of companies under common management, including Russell Investments Canada Limited. Russell Investments’ ownership is composed of a majority stake held by funds managed by TA Associates with minority stakes held by funds managed by Reverence Capital Partners and Russell Investments’ management.

Copyright © Russell Investments Canada Limited 2021. All rights reserved.

Frank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the “FTSE RUSSELL” brand.

Steve Claiborne

[email protected]

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Professional Services Finance

MEDIA:

Posted on

Aptar to Present at 39th Annual J.P. Morgan Healthcare Conference on January 14, 2021

Aptar to Present at 39th Annual J.P. Morgan Healthcare Conference on January 14, 2021

CRYSTAL LAKE, Ill.–(BUSINESS WIRE)–
AptarGroup, Inc. (NYSE: ATR), a global leader in drug delivery, consumer product dispensing and active packaging solutions, announced their participation at the 39th Annual J.P. Morgan Healthcare Conference on Thursday, January 14, 2021.

Stephan Tanda, President and CEO; Bob Kuhn, Executive Vice President and CFO; and Gael Touya, President Aptar Pharma, will present virtually at 2:50 p.m. (EST).

A live webcast will be available under “Events and Presentations” in the Investors section of the Aptar website at investors.aptar.com. A replay of the webcast will be archived on Aptar’s website for approximately 90 days following the presentation.

About Aptar

Aptar is a global leader in the design and manufacturing of a broad range of drug delivery, consumer product dispensing and active packaging solutions. Aptar uses insights, design, engineering and science to create dosing, dispensing and protective packaging technologies for the world’s leading brands, in turn making a meaningful difference in the lives, looks, health and homes of millions of people around the world. Aptar’s innovative solutions and services serve a variety of end markets including pharmaceutical, beauty, personal care, home, food and beverage. The company is headquartered in Crystal Lake, Illinois and has 14,000 dedicated employees in 19 countries. For more information, visit www.aptar.com.

Investor Relations Contact:

Matt DellaMaria

[email protected]

815-479-5530

Media Contact:

Katie Reardon

[email protected]

815-479-5671

KEYWORDS: United States North America Illinois

INDUSTRY KEYWORDS: Other Consumer Other Manufacturing Packaging Manufacturing Health Consumer Pharmaceutical Other Science Science

MEDIA:

Posted on

IIROC Trading Resumption – KLD

Canada NewsWire

VANCOUVER, BC, Jan. 12, 2021 /CNW/ – Trading resumes in:

Company: KENORLAND MINERALS LTD. (formerly Northway Resources Corp.)

TSX-Venture Symbol: KLD (formerly NTW)

Resumption (ET): 9:30 AM1/13/2021

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

ASSETS UNDER MANAGEMENT BY STRATEGY  
   
As of December 31, 2020 – ($ Millions)  
Growth Team  
Global Opportunities $26,487   
Global Discovery 2,148   
U.S. Mid-Cap Growth 17,504   
U.S. Small-Cap Growth 6,546   
Global Equity Team  
Global Equity 2,829   
Non-U.S. Growth 21,684   
Non-U.S. Small-Mid Growth 7,543   
U.S. Value Team  
Value Equity 3,479   
U.S. Mid-Cap Value 3,670   
International Value Team  
International Value 24,107   
Global Value Team  
Global Value 22,400   
Select Equity 17   
Sustainable Emerging Markets Team  
Sustainable Emerging Markets 679   
Credit Team  
High Income 6,241   
Developing World Team  
Developing World 8,853   
Antero Peak Group  
Antero Peak 2,573   
   
Other Assets Under Management2 1,016   
Total Firm Assets Under Management (“AUM”) $157,776   

1 Separate account AUM consists of the assets we manage in or through vehicles other than Artisan Funds or Artisan Global Funds. Separate account AUM includes assets we manage in traditional separate accounts, as well as assets we manage in Artisan-branded collective investment trusts, in funds (both public and private) that we sub-advise, and in our own privately offered funds.

2 Other Assets Under Management includes AUM managed by the Credit Team in the Credit Opportunities strategy, the Antero Peak Group in the Antero Peak Hedge strategy, and the International Value Team in the International Small Cap Value strategy, respectively. Strategy specific information has been omitted.

ABOUT ARTISAN PARTNERS
Artisan Partners is a global investment management firm that provides a broad range of high value-added investment strategies to sophisticated clients around the world. Since 1994, the firm has been committed to attracting experienced, disciplined investment professionals to manage client assets. Artisan Partners’ autonomous investment teams oversee a diverse range of investment strategies across multiple asset classes. Strategies are offered through various investment vehicles to accommodate a broad range of client mandates.

Investor Relations Inquiries: 866.632.1770 or [email protected]
Source: Artisan Partners Asset Management Inc.