TSX Symbol: HYB.UN
TORONTO, Dec. 16, 2016 /CNW/ - DDJ High Yield Fund (the "Fund") announced today its quarterly distribution for the period ending December 31, 2016 of $0.20 per unit payable on January 13, 2017 to unitholders of record as at December 30, 2016.
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 Financial Corp.
For further information: CI Investments Inc., (416) 364-1145, 1-800-268-9374