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

TORONTO, June 19, 2013 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared June 2013 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. 18, 2013
Current Yield
Australian Banc Income Fund (Class A Units and Class F Units) AUI.UN $0.1875 Jun. 28, 2013 Jul. 15, 2013 $0.75 $10.35 7.2%
Build America Investment Grade Bond Fund  (Class A Units and Class F Units)* BAB.UN $0.1198 Jun. 28, 2013 Jul. 15, 2013 $1.44 $24.10 6.0%
Canadian 50 Advantaged Preferred Share Fund (Class A & F Units)* CPF.UN $0.3125 Jun. 28, 2013 Jul. 15, 2013 $1.25 $22.76 5.5%
Canadian Banc Capital Securities Trust (Class A Units and Class F Units)* CSB.UN $0.375 Jun. 28, 2013 Jul. 15, 2013 $1.50 $27.28 5.5%
HBanc Capital Securities Trust - Class A Units, Series 1 and 2* HSC.UN
(Series 1)
$0.1458 Jun. 28, 2013 Jul. 15, 2013 $1.75 $23.25 7.5%
HBanc Capital Securities Trust - Class U Units, Series 1 and 2* Not listed U.S. $0.1458 Jun. 28, 2013 Jul. 15, 2013 U.S. $1.75    
ING Floating Rate Senior Loan Fund, Class A Units* ISL.UN $0.0417 Jun. 28, 2013 Jul. 15, 2013 $0.50 $10.01 5.0%
ING Floating Rate Senior Loan Fund, Class U Units* ISL.U U.S. $0.0417 Jun. 28, 2013 Jul. 15, 2013 U.S. $0.50 $9.84 5.1%
ING Diversified Floating Rate Senior Loan Fund, Class A Units* IFL.UN $0.05 Jun. 28, 2013 Jul. 15, 2013 $0.60 $9.74 6.2%
ING Diversified Floating Rate Senior Loan Fund, Class U Units* Not Listed U.S. $0.05 Jun. 28, 2013 Jul. 15, 2013 U.S. $0.60    
Low Volatility Canadian Equities Income Fund LOW.UN $0.05 Jun. 28, 2013 Jul. 15, 2013 $0.60 $9.64 6.2%
North American Financials Capital Securities Trust (Class A and Class F Units)* NAF.UN $0.375 Jun. 28, 2013 Jul. 15, 2013 $1.50 $26.80 5.6%

*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 a part of the Connor, Clark & Lunn Financial Group, a multi-boutique asset management firm whose affiliate companies are collectively responsible for the management of approximately $46 billion in assets. 

 

 

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

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