Connor, Clark & Lunn Capital Markets Inc. Declares Distributions for Funds

TORONTO, Dec. 18, 2012 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared December 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 Dec. 17, 2012
Current Yield
Build America Investment
Grade Bond Fund  (Class A
Units and Class F Units)*
BAB.UN $0.1198 Dec. 31, 2012 Jan. 15, 2013 $1.44 $23.51 6.1%
CC&L Financial Opportunities
Fund  (Class A Units and Class
F Units)
GFO.UN $0.01833 Dec. 31, 2012 Jan. 15, 2013 $0.22 $4.49 4.9%
Canadian Banc Capital
Securities Trust (Class A Units
and Class F Units)*
CSB.UN $0.375 Dec. 31, 2012 Jan. 15, 2013 $1.50 $27.41 5.5%
CC&L Real Return Income
Fund*
RRB.UN $0.02083 Dec. 31, 2012 Jan. 15, 2013 $0.25 $7.07 3.5%
HBanc Capital Securities Trust
- Class A Units, Series 1 and 2*
HSC.UN (Series 1) $0.1458 Dec. 31, 2012 Jan. 15, 2013 $1.75 $23.05 7.6%
HBanc Capital Securities Trust
- Class U Units, Series 1 and 2*
Not listed U.S. $0.1458 Dec. 31, 2012 Jan. 15, 2013 U.S. $1.75    
ING Floating Rate Senior Loan
Fund, Class A Units*
ISL.UN $0.0417 Dec. 31, 2012 Jan. 15, 2013 $0.50 $9.51 5.3%
ING Floating Rate Senior Loan
Fund, Class U Units*
ISL.U U.S. $0.0417 Dec. 31, 2012 Jan. 15, 2013 U.S. $0.50 $9.35 5.3%
Low Volatility Canadian
Equities Income Fund
LOW.UN $0.05 Dec. 31, 2012 Jan. 15, 2013 $0.60 $9.36 6.4%
North American Financials
Capital Securities Trust (Class
A and Class F Units)*
NAF.UN $0.375 Dec. 31, 2012 Jan. 15, 2013 $1.50 $26.35 5.7%

*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 several investment vehicles, raising approximately $2.2 billion in assets since 2004.

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