DDJ High Yield Fund announces quarterly distribution and special distribution to unitholders

TSX Symbol:  HYB.UN

TORONTO, Dec. 18, 2012 /CNW/ - DDJ High Yield Fund (the "Fund") announced today its quarterly distribution and special distribution to unitholders of record as at December 31, 2012.

Quarterly Distribution:  $0.20 per unit
Special Distribution:   $0.01 per unit
Payable Date:    January 14, 2013
Record Date:    December 31, 2012

The Fund's investment objective is to provide investors with a high level of current income distributed quarterly over the life of the Fund.  The Fund will also seek capital appreciation through investing in securities with potential for appreciation.

The Fund, managed by CI Investments Inc., is a closed-end fund listed on the Toronto Stock Exchange (HYB.UN) which invests in a diversified portfolio consisting primarily of high yield debt securities issued.

SOURCE: CI Investments Inc.

For further information:

CI Investments Inc.
(416) 364-1145
1-800-268-9374