Connor, Clark & Lunn Capital Markets Inc. Declares Distributions for Funds
TORONTO, Oct. 22, 2012 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared October 2012 cash distributions for the following funds:
| Fund | Trading Symbol |
Distribution Amount (per Unit) |
Record Date |
Payable Date |
Distribution Amount Annualized |
TSX Trading Price Per Unit as of Oct. 19, 2012 |
Current Yield |
|
Australian Banc Capital Securities Trust (Class A Units and Class F Units)* |
AUZ.UN | $0.15 | Oct. 31, 2012 | Nov. 15, 2012 | $0.60 | $9.18 | 6.5% |
|
Build America Investment Grade Bond Fund (Class A Units and Class F Units)* |
BAB.UN | $0.1198 | Oct. 31, 2012 | Nov. 15, 2012 | $1.44 | $23.40 | 6.2% |
|
CC&L Financial Opportunities Fund (Class A Units and Class F Units) |
GFO.UN | $0.01833 | Oct. 31, 2012 | Nov. 15, 2012 | $0.22 | $4.43 | 5.0% |
|
CC&L Real Return Income Fund* |
RRB.UN | $0.02083 | Oct. 31, 2012 | Nov. 15, 2012 | $0.25 | $7.11 | 3.5% |
|
HBanc Capital Securities Trust - Class A Units, Series 1 and 2* |
HSC.UN (Series 1) | $0.1458 | Oct. 31, 2012 | Nov. 15, 2012 | $1.75 | $23.10 | 7.6% |
|
HBanc Capital Securities Trust - Class U Units, Series 1 and 2* |
Not listed | U.S. $0.1458 | Oct. 31, 2012 | Nov. 15, 2012 | U.S. $1.75 | ||
|
ING Floating Rate Senior Loan Fund, Class A Units* |
ISL.UN | $0.0417 | Oct. 31, 2012 | Nov. 15, 2012 | $0.50 | $9.45 | 5.3% |
|
ING Floating Rate Senior Loan Fund, Class U Units* |
ISL.U | U.S. $0.0417 | Oct. 31, 2012 | Nov. 15, 2012 | U.S. $0.50 | $9.14 | 5.5% |
|
Low Volatility Canadian Equities Income Fund |
LOW.UN | $0.05 | Oct. 31, 2012 | Nov. 15, 2012 | $0.60 | $9.22 | 6.5% |
| *Distributions are expected to be characterized as 100% return of capital. |
Connor, Clark & Lunn Capital Markets Inc. (CC&L Capital Markets) is a leading Canadian structured financial products investment firm that is focused on creating and managing high quality investment vehicles that will stand the test of time and ultimately allow our clients to achieve their personal financial goals. Formed in 2001, CC&L Capital Markets has designed, launched and currently manages sixteen investment vehicles, raising more than $2 billion in assets.
CC&L Capital Markets is part of the Connor, Clark & Lunn Financial Group. Connor, Clark & Lunn Financial Group provides investment management services to individuals, advisors, pension plans, institutional investors and foundations. The investment platform offers a broad range of traditional and alternative investment management services, including domestic and international equities and fixed income, hedge funds, private equity and infrastructure.
As Canada's only multi-boutique asset management firm, Connor, Clark & Lunn Financial Group is uniquely focused on creating the conditions for success for its clients, partners and employees. The firm has offices in Vancouver, Edmonton, Calgary, Regina, Toronto, Ottawa and Montreal and through its affiliated investment managers is responsible for the investment of over $42 billion in assets under management.
SOURCE: Connor, Clark & Lunn Capital Markets Inc.
For further information:
please visit www.cclcapitalmarkets.com or contact:
Darren Cabral
Vice President & CFO
Connor, Clark & Lunn Capital Markets Inc.
416-214-6182
Toll Free: 1-888-276-2258
cclcapitalmarkets@cclgroup.com