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.
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]
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