Propel Capital Corporation - Distributions Press Release
TORONTO, March 18, 2014 /CNW/ - Propel Capital Corporation announces distributions for the Canadian Convertibles Plus Fund, Canadian High Yield Focus Fund, Diversified Alpha Fund II, Strategic Income Allocation Fund, North American REIT Income Fund, North American Preferred Share Fund and Senior Secured Floating Rate Loan Fund.
Quarterly Distributions:
For the quarter ending March 31, 2014 the Canadian Convertibles Plus Fund, Canadian High Yield Focus Fund and Diversified Alpha Fund II will make the following distributions.
| Fund | TSX Symbol | Distribution Amount (per unit) | Record Date | Payment Date |
| Canadian Convertibles Plus Fund | CCI.UN | $0.15625 | March 31, 2014 | April 15, 2014 |
| Canadian High Yield Focus Fund | CAH.UN | $0.19500 | March 31, 2014 | April 15, 2014 |
| Diversified Alpha Fund II | AFT.UN | $0.15000 | March 31, 2014 | April 15, 2014 |
Monthly Distributions:
For months ending April, May and June 2014, the Strategic Income Allocation Fund, North American REIT Income Fund, North American Preferred Share Fund and Senior Secured Floating Rate Loan Fund will make the following distributions.
| Fund | TSX Symbol | Distribution Amount (per unit) | Record Date | Payment Date |
| Strategic Income Allocation Fund | SIF.UN | $0.05417 | March 31, 2014 | April 15, 2014 |
| Strategic Income Allocation Fund | SIF.UN | $0.05417 | April 30, 2014 | May 15, 2014 |
| Strategic Income Allocation Fund | SIF.UN | $0.05417 | May 30, 2014 | June 13, 2014 |
| North American REIT Income Fund | NRF.UN | $0.05000 | March 31, 2014 | April 15, 2014 |
| North American REIT Income Fund | NRF.UN | $0.05000 | April 30, 2014 | May 15, 2014 |
| North American REIT Income Fund | NRF.UN | $0.05000 | May 30, 2014 | June 13, 2014 |
| North American Preferred Share Fund | NPF.UN | $0.11460 | March 31, 2014 | April 15, 2014 |
| North American Preferred Share Fund | NPF.UN | $0.11460 | April 30, 2014 | May 15, 2014 |
| North American Preferred Share Fund | NPF.UN | $0.11460 | May 30, 2014 | June 13, 2014 |
| Senior Secured Floating Rate Loan Fund (Class A) | FRL.UN | $0.054167 | March 31, 2014 | April 15, 2014 |
| Senior Secured Floating Rate Loan Fund (Class A) | FRL.UN | $0.054167 | April 30, 2014 | May 15, 2014 |
| Senior Secured Floating Rate Loan Fund (Class A) | FRL.UN | $0.054167 | May 30, 2014 | June 13, 2014 |
| Senior Secured Floating Rate Loan Fund (Class U) | Not listed | $0.054167 (U.S.) | March 31, 2014 | April 15, 2014 |
| Senior Secured Floating Rate Loan Fund (Class U) | Not listed | $0.054167 (U.S.) | April 30, 2014 | May 15, 2014 |
| Senior Secured Floating Rate Loan Fund (Class U) | Not listed | $0.054167 (U.S.) | May 30, 2014 | June 13, 2014 |
SOURCE: Propel Capital Corporation
For further information, please call Raj Lala, President, Propel Capital at 416-572-2364 or visit www.propelcapital.ca
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