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

TORONTO, May 22, 2013 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared May 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 May 21, 2013	Current Yield
Build America Investment Grade Bond Fund  (Class A Units and Class F Units)*	BAB.UN	$0.1198	May 31, 2013	Jun. 17, 2013	$1.44	$24.75	5.8%
CC&L Financial Opportunities Fund  (Class A Units and Class F Units)	GFO.UN	$0.01833	May 31, 2013	Jun. 17, 2013	$0.22	$5.61	3.9%
HBanc Capital Securities Trust - Class A Units, Series 1 and 2*	HSC.UN (Series 1)	$0.1458	May 31, 2013	Jun. 17, 2013	$1.75	$23.50	7.4%
HBanc Capital Securities Trust - Class U Units, Series 1 and 2*	Not listed	U.S. $0.1458	May 31, 2013	Jun. 17, 2013	U.S. $1.75
ING Floating Rate Senior Loan Fund, Class A Units*	ISL.UN	$0.0417	May 31, 2013	Jun. 17, 2013	$0.50	$9.95	5.0%
ING Floating Rate Senior Loan Fund, Class U Units*	ISL.U	U.S. $0.0417	May 31, 2013	Jun. 17, 2013	U.S. $0.50	$9.88	5.1%
ING Diversified Floating Rate Senior Loan Fund, Class A Units*	IFL.UN	$0.05	May 31, 2013	Jun. 17, 2013	$0.60	$10.00	6.0%
ING Diversified Floating Rate Senior Loan Fund, Class U Units*	Not Listed	U.S. $0.05	May 31, 2013	Jun. 17, 2013	U.S. $0.60
Low Volatility Canadian Equities Income Fund	LOW.UN	$0.05	May 31, 2013	Jun. 17, 2013	$0.60	$10.01	6.0%

*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.

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
[email protected]