Connor, Clark & Lunn Capital Markets Inc. Declares Initial Distribution for ING Diversified Floating Rate Senior Loan Income Fund

TORONTO, April 19, 2013 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared the initial distribution for ING Diversified Floating Rate Senior Loan Income Fund for the period from inception on March 22, 2013 to April 30, 2013. The distribution amount is $0.065 per Unit. The initial distribution amount represents an annualized current yield of 6.0% based on the initial offering price of $10.00 per Unit.

Fund	Trading Symbol	Distribution Amount (per Unit)	Record Date	Payable Date	Distribution Amount Annualized	TSX Trading Price Per Unit as of Apr. 18, 2013	Current Yield
ING Diversified Floating Rate Senior Loan Income Fund, Class A Units*	IFL.UN	$0.065	Apr. 30, 2013	May 15, 2013	$0.60	$9.80	6.1%
ING Diversified Floating Rate Senior Loan Income Fund, Class U Units*	Not Listed	U.S. $0.065	Apr. 30, 2013	May 15, 2013	U.S. $0.60

*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 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 $46 billion in assets under management.

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]