First Trust Advantaged Short Duration High Yield Bond Fund Declares Monthly Distribution for April of $0.07 per unit

TSX Symbol FSD.UN

TORONTO, April 18, 2012 /CNW/ - (TSX:FSD.UN) First Trust Advantaged Short Duration High Yield Bond Fund ("the Fund") announces a distribution for the month ending April 30, 2012 of $ 0.07 for each Class A unit and Class F unit. The distribution is payable on May 15, 2012 to Unitholders of record on April 30, 2012.

The Fund provides exposure to a diversified, short duration high yield bond portfolio comprised primarily of North American high yield debt securities, generally with remaining terms to maturity of five years or less. The Fund aims to (i) deliver attractive, monthly, tax advantaged distributions, and (ii) to preserve capital.

First Defined Portfolio Management Co.
416-865-8065
877-622-5552