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

TORONTO, June 20, 2012 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared June 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
Jun. 19, 2012
Current
Yield
Australian Banc Income Fund
(Class A Units and Class F
Units)
AUI.UN $0.1875 Jun. 29, 2012 Jul. 16, 2012 $0.75 $8.80 8.5%
Build America Investment
Grade Bond Fund  (Class A
Units and Class F Units)*
BAB.UN $0.1198 Jun. 29, 2012 Jul. 16, 2012 $1.44 $23.48 6.1%
Canadian Banc Capital
Securities Trust (Class A Units
and Class F Units)*
CSB.UN $0.375 Jun. 29, 2012 Jul. 16, 2012 $1.50 $27.10 5.5%
CC&L Real Return Income
Fund*
RRB.UN $0.02083 Jun. 29, 2012 Jul. 16, 2012 $0.25 $7.40 3.4%
North American Financials
Capital Securities Trust (Class
A and Class F Units)*
NAF.UN $0.375 Jun. 29, 2012 Jul. 16, 2012 $1.50 $24.85 6.0%
HBanc Capital Securities Trust -
Class A Units, Series 1 and 2*
HSC.UN (Series 1) $0.1458 Jun. 29, 2012 Jul. 16, 2012 $1.75 $22.10 7.9%
HBanc Capital Securities Trust -
Class U Units, Series 1 and 2*
Not listed U.S. $0.1458 Jun. 29, 2012 Jul. 16, 2012 U.S. $1.75    
ING Floating Rate Senior Loan
Fund, Class A Units*
ISL.UN $0.0417 Jun. 29, 2012 Jul. 16, 2012 $0.50 $9.07 5.5%
ING Floating Rate Senior Loan
Fund, Class U Units*
ISL.U U.S. $0.0417 Jun. 29, 2012 Jul. 16, 2012 U.S. $0.50 $9.02 5.5%
Low Volatility Canadian
Equities Income Fund
LOW.UN $0.05 Jun. 29, 2012 Jul. 16, 2012 $0.60 $9.00 6.7%

*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 eighteen 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 approximately $38 billion in financial assets.

 

 

 

SOURCE Connor, Clark

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

Profil de l'entreprise

Connor, Clark & Lunn

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