Top 20 U.S. Dividend Trust Declares Monthly Distributions

TORONTO, April 19, 2018 /CNW/ - The Board of Directors of TTU Ltd., as general partner of TTU Limited Partnership, Trustee for Top 20 U.S. Dividend Trust (the "Trust") has today declared monthly distributions for April, May, and June of CAD$0.0417 per Class A Unit and USD$0.0417 per Class U Unit.

Record Date	Payment Date	Amount per Class A / Class U
April 30, 2018	May 15, 2018	$0.0417 / USD$0.0417
May 31, 2018	June 15, 2018	$0.0417 / USD$0.0417
June 29, 2018	July 13, 2018	$0.0417 / USD$0.0417

Unitholders are entitled to receive monthly distributions as declared by the Trust. The Trust does not have a fixed distribution but generally intends to make monthly distributions based on the dividends and other distributions received on its portfolio and premiums realized by the Trust pursuant to its option writing strategy less the operating expenses. Such distributions may be characterized as income, capital gains and/or returns of capital for tax purposes.

The Trust's investment objectives are to provide unitholders with stable monthly distributions and the opportunity for capital appreciation, in each case through investment in an equally-weighted portfolio comprised of the 20 highest yielding equity securities included in the Dow Jones Industrial Average.

The units of the Trust are listed for trading on The Toronto Stock Exchange under the symbol TUT.UN.

SOURCE Top 20 U.S. Dividend Trust

please contact: Investor Relations, Top 20 U.S. Dividend Trust, [phone], E-mail: [email protected], Website: www.scotiamanagedcompanies.com