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Monday, June 22, 2009

Principal Pnb MF declares dividend for various schemes

Record date for dividend is 24 June 2009

The Principal Pnb Mutual Fund has approved to declare dividend under quarterly dividend option of Principal Monthly Income Plan, Principal Monthly Income Plan-MIP Plus, Principal Government Securities Fund, and Principal Income Fund. The record date for dividend will be 24 June 2009.

Principal Monthly Income Plan and Principal Monthly Income Plan-MIP Plus :

Both the above-mentioned funds will distribute Rs 0.2800 per unit as dividend under quarterly dividend option. The NAV of Principal Monthly Income Plan was at Rs 11.9421 per unit and that of Principal Monthly Income Plan-MIP Plus was at Rs 12.2263 per unit as on 18 June 2009.

Principal Government Securities Fund:

The rate of dividend under Investment Plan will be Rs 0.2000 per unit and under Savings plan will be Rs 0.1000 per unit. The NAV of Investment Plan was at Rs 11.8736 and Savings Plan was at Rs 10.6640 per unit as on 18 June 2009.

Principal Income Fund:

The rate of dividend under regular plan will be Rs 0.1500 per unit and under institutional plan will be Rs 0.2000 per unit. The NAV of regular plan was at Rs 11.1186 and institutional plan was at Rs 12.0152 per unit as on 18 June 2009.

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