Lysander Funds Declares October Cash Distributions Across Four ActivETFs

Lysander Funds Limited declared October 2026 cash distributions for its four ActivETFs, with per-unit amounts ranging from $0.01490 to $0.04200, payable on or before November 10, 2026. The Toronto-based fund manager announced the distributions on October 21, 2026, according to Newswire.

Lysander's Four ActivETFs and Their Payouts

Lysander-Slater Preferred Share ActivETF will pay $0.04200 per unit, the largest of the four distributions. Lysander-Canso Credit Income ActivETF follows at $0.04166 per unit, and Lysander-Canso Floating Rate ActivETF at $0.01810 per unit. Lysander-Canso Corporate Treasury ActivETF carries the smallest distribution at $0.01490 per unit.

All four ETFs share a distribution record date of October 30, 2026, and a payment date of November 10, 2026. The funds trade on the Toronto Stock Exchange under the symbols PR, LYCT, LYFR and PBY. Unitholders of record at the close of business on the record date will receive the cash distribution based on the number of units held.

Lysander Funds Limited is a Toronto-based, employee-owned Canadian investment fund manager that partners with seven independent portfolio management firms to offer mutual funds and TSX-listed ETFs across fixed income, balanced and equity strategies to Canadian retail investors, according to company records. Richard Usher-Jones is president of the firm, which was founded in 2009.

Lysander-Canso Credit Income Fund Conversion

Lysander-Canso Credit Income ActivETF, one of the four funds in the October distribution, resulted from the conversion of the Canso Credit Income Fund from a closed-end fund to an exchange-traded fund, according to akta.pro company records. Unitholders approved the conversion on June 4, 2026, and it was expected effective on or about July 28, 2026, pending regulatory approvals. In August 2026, Lysander announced its intention to begin using repurchase and reverse repurchase transactions in the converted fund, introducing opportunistic leverage and liquidity management capabilities.

Earlier Lysander Distribution and Rating Events

Lysander announced May 2026 cash distributions for its Lysander-Canso Corporate Treasury ActivETF and Lysander-Canso Floating Rate ActivETF, at $0.0135 and $0.0207 per unit, payable June 10, 2026 to unitholders of record on May 29, 2026, Newswire reported. In June 2026, Lysander announced June cash distributions for the ETF series of the Lysander-Canso U.S. Corporate Value Bond Fund (USD) at $0.0177 per unit, payable June 25, 2026 to unitholders of record on June 18, 2026, Newswire reported. GlobeNewswire reported that Lysander changed the investment risk rating for Lysander-Triasima Canadian Small Cap Equity Fund from "Medium-to-High" to "High" effective June 25, 2026.

Lysander's November Payment Date

The October distributions are payable on or before November 10, 2026, to unitholders of record on October 30, 2026.