AccuShares(R) Investment Management, LLC ("AccuShares") Announces a Regular and Net Income (if Applicable) Distributions, and a Corrective Distribution for Both AccuShares Spot CBOE(R) VIX(R) Up Shares and Down Shares
STAMFORD, CT--(Marketwired - July 19, 2016) - AccuShares, as sponsor of the AccuShares Trust I (formerly known as the AccuShares Commodity Trust I) (the "Trust"), today announces a Regular Distribution and, if applicable, a Net Income Distribution for AccuShares Spot CBOE VIX Up Shares (NASDAQ: VXUP) (the "Up Shares") and Spot CBOE VIX Down Shares (NASDAQ: VXDN) (the "Down Shares"). AccuShares also announces a Corrective Distribution for Up Shares and Down Shares. The terms Regular Distribution, Corrective Distribution and Net Income Distribution are defined and described in the current prospectus of the AccuShares Spot CBOE VIX Fund (the "Fund").
The relevant estimated distribution information is provided in the tables below:
Distribution Dates:
NASDAQ Ticker | Name | Ex-Date | Record Date | Distribution Payment Date | ||||
VXUP | AccuShares Spot CBOE VIX Up Shares | July 20, 2016 | July 22, 2016 | July 26, 2016 | ||||
VXDN | AccuShares Spot CBOE VIX Down Shares | July 20, 2016 | July 22, 2016 | July 26, 2016 |
Estimated Distribution Amount Information:
NASDAQ Ticker | Name | Closing Index Value as of July 19, 2016 | Post-Distribution Share Index Factor* | Post-Distribution Class Value per Share* | Net Income Distribution Amount Per Share | Regular Distribution Amount Per Share** | Corrective Distribution Amount Per Share | |||||||
VXUP | AccuShares Spot CBOE VIX Up Shares | 11.97 | 0.33416876 | $4.00 |