Cantor Fitzgerald Income Trust Declares October Distribution

November 2, 2020 | James Sprow | Blue Vault

As authorized by the board of directors of Cantor Fitzgerald Income Trust, Inc. (the “Company”), on October 30, 2020, the Company declared the following distributions for each class of the Company’s common stock as rounded to the nearest three decimal places ($1.55 on an annual basis):

The net distributions for each class of common stock (which represents the gross distributions described above less the distribution fee for the applicable class of common stock as described in the Company’s applicable prospectus) are payable to stockholders of record immediately following the close of business on November 1, 2020, and will be paid on or about December 7, 2020. These distributions will be paid in cash or reinvested in shares of the Company’s common stock for stockholders participating in the Company’s distribution reinvestment plan. Some or all the cash distributions may be paid from sources other than cash flow from operations.

The estimated NAV per share as of September 30, 2020, is $23.74 for all share classes except Class T and Class TX which had an NAV of $23.72. The distribution yield on an annualized basis, net of fees, is 6.53% for the original Class AX and IX shares, and 5.53% for the original Class TX shares. 

Source:  SEC, Cantor Fitzgerald Income Trust, Inc.