Global Diversifd. Invst.Grd Incm Trst II (GII.UN) Stock Price, News & Analysis

Global Diversified Investment Grade Income Trust II (the Trust) is a Canada-based closed-end income trust. The Trust's initial objectives are to provide holders of Units (the Unitholders) with a fixed rate stream of monthly distributions and thereafter a fixed rate stream of monthly distributions reset over every five calendar years (the date of every such reset being a Reset Date) intended to equal the five-year Government of Canada bond rate and 4% to 4.5%, the distributions consist of capital reimbursements which reduce the adjusted cost base of the Units, until such cost base is equal to zero and, thereafter, of income payments, and to repay to Unitholders on a Reset Date no later than March 2, 2045. The Trust provides its Unitholders with an equity exposure to a portfolio (the portfolio) containing over 181 securities (the reference obligations). Natcan Trust Company serves as an investment advisor to the Trust.