Propel Capital Corporation - Distributions Press Release

TORONTO, June 17, 2014 /CNW/ - Propel Capital Corporation announces distributions for the Canadian Convertibles Plus Fund, Canadian High Yield Focus Fund, 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 June 30, 2014 the Canadian Convertibles Plus Fund and Canadian High Yield Focus Fund will make the following distributions.

Fund	TSX Symbol	Distribution Amount (per unit)	Record Date	Payment Date
Canadian Convertibles Plus Fund	CCI.UN	$0.15625	June 30, 2014	July 15, 2014
Canadian High Yield Focus Fund	CAH.UN	$0.19500	June 30, 2014	July 15, 2014

Monthly Distributions:
For months ending June, July and August 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	June 30, 2014	July 15, 2014
Strategic Income Allocation Fund	SIF.UN	$0.05417	July 31, 2014	August 15, 2014
Strategic Income Allocation Fund	SIF.UN	$0.05417	August 29, 2014	September 15, 2014
North American REIT Income Fund	NRF.UN	$0.05000	June 30, 2014	July 15, 2014
North American REIT Income Fund	NRF.UN	$0.05000	July 31, 2014	August 15, 2014
North American REIT Income Fund	NRF.UN	$0.05000	August 29, 2014	September 15, 2014
North American Preferred Share Fund	NPF.UN	$0.11460	June 30, 2014	July 15, 2014
North American Preferred Share Fund	NPF.UN	$0.11460	July 31, 2014	August 15, 2014
North American Preferred Share Fund	NPF.UN	$0.11460	August 29, 2014	September 15, 2014
Senior Secured Floating Rate Loan Fund (Class A)	FRL.UN	$0.054167	June 30, 2014	July 15, 2014
Senior Secured Floating Rate Loan Fund (Class A)	FRL.UN	$0.054167	July 31, 2014	August 15, 2014
Senior Secured Floating Rate Loan Fund (Class A)	FRL.UN	$0.054167	August 29, 2014	September 15, 2014
Senior Secured Floating Rate Loan Fund (Class U)	Not listed	$0.054167 (U.S.)	June 30, 2014	July 15, 2014
Senior Secured Floating Rate Loan Fund (Class U)	Not listed	$0.054167 (U.S.)	July 31, 2014	August 15, 2014
Senior Secured Floating Rate Loan Fund (Class U)	Not listed	$0.054167 (U.S.)	August 29, 2014	September 15, 2014

SOURCE: Propel Capital Corporation

please call Raj Lala, President, Propel Capital at 416-572-2364 or visit www.propelcapital.ca