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

TSX Symbol FSD.UN

TORONTO, Feb. 16, 2012 /CNW/ - (TSX:FSD.UN) First Trust Advantaged Short Duration High Yield Bond Fund ("the Fund") announces a distribution for the month ending February 29, 2012 of $ 0.07 for each Class A unit and Class F unit. The distribution is payable on March 15, 2012 to Unitholders of record on February 29, 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