Metrics Master Income Trust has announced an ordinary distribution of AUD 0.01370000 per unit for the month ending 30 April 2026. The distribution will be paid on 8 May 2026 to unitholders on the register as at 1 May 2026, with the ex-date set for 30 April 2026. This monthly distribution represents the trust’s continued commitment to delivering regular income to its investors, maintaining consistency with its stated investment objectives.
The distribution is entirely unfranked, with 100 percent of the AUD 0.01370000 per unit classified as unfranked income. This is a key consideration for investors in different tax positions, as unfranked distributions do not carry attached franking credits. Unitholders should factor this tax treatment into their investment assessment and consider how it aligns with their overall portfolio strategy and tax circumstances.
Metrics Master Income Trust has provided unitholders with a Dividend Reinvestment Plan option, allowing investors to automatically reinvest their distributions into additional units rather than receive cash payments. The DRP operates at a zero percent discount to the reinvestment price, meaning participants receive units at fair value without any incentive discount. The election deadline for participation in the DRP is Monday 4 May 2026 at 5 PM, giving unitholders a tight window to make their election if they wish to reinvest their distributions.
The trust has indicated that the distribution amount of AUD 0.01370000 is estimated at this time, with the actual amount to be confirmed by 6 May 2026. This is standard practice for monthly distributions, where final figures may be refined based on end-of-month calculations. Investors should monitor for the subsequent announcement confirming whether the final distribution matches this estimate or if any adjustments have been made.
For investors seeking regular monthly income, this announcement demonstrates the trust’s operational consistency in delivering distributions on a predictable schedule. The monthly distribution frequency aligns with the trust’s positioning as an income-focused investment vehicle. However, the unfranked nature of the distribution and the zero percent DRP discount mean that investors are not receiving any tax benefits or reinvestment incentives with this particular payout.
Unitholders who have not elected into the DRP will receive their distribution as a cash payment by 8 May 2026. Those considering reinvestment should ensure their election is lodged before the 5 PM deadline on 4 May 2026 to participate in the automatic reinvestment of this distribution. The announcement is price sensitive and has been flagged as material by the ASX.
View the full ASX announcement (PDF)
About MXT (ASX: MXT)
MXT is listed on the Australian Securities Exchange (ASX: MXT).
If you would like to discuss this announcement or how it might affect your portfolio, request a callback or call us on 1300 889 603.
