Eastspring said that following the bout of market volatility in 2018, investor sentiment in the Asian credit market experienced a strong turnaround in recent months.
KUALA LUMPUR: Eastspring Investments Bhd has announced a gross distribution of 5.92 sen a unit for Eastspring Investments Target Income Fund 5 for the year ended Dec 31, 2018.
In a statement, the company said this represented a dividend yield of 5.75%. The distribution was consistent with the fund’s objective to provide regular income during the tenure of the fund, it said.
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