First Trust Advantaged Short Duration High Yield Bond Fund Declares Monthly Distribution for October of $0.06 per unit

TSX Symbol FSD.UN

TORONTO, Oct. 21, 2014 /CNW/ - (TSX:FSD.UN) First Trust Advantaged Short Duration High Yield Bond Fund ("the Fund") announces a distribution for the month ending October 31, 2014 of $ 0.06 for each Class A unit (CUSIP - CA33733N1042) and Class F unit (CUSIP - CA33733N1125).  The distribution is payable on November 14, 2014 to Unitholders of record on October 31, 2014.

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.

SOURCE: First Trust Advantaged Short Duration High Yield Bond Fund

FT Portfolios Canada Co., 416-865-8065, 877-622-5552