Propel Capital Corporation - Distributions Press Release

TORONTO, Sept. 23, 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 September 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	September 30, 2014	October 15, 2014
Canadian High Yield Focus Fund	CAH.UN	$0.19500	September 30, 2014	October 15, 2014

Monthly Distributions:
For months ending September, October and November 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	September 30, 2014	October 15, 2014
Strategic Income Allocation Fund	SIF.UN	$0.05417	October 31, 2014	November 14, 2014
Strategic Income Allocation Fund	SIF.UN	$0.05417	November 28, 2014	December 15, 2014
North American REIT Income Fund	NRF.UN	$0.05000	September 30, 2014	October 15, 2014
North American REIT Income Fund	NRF.UN	$0.05000	October 31, 2014	November 14, 2014
North American REIT Income Fund	NRF.UN	$0.05000	November 28, 2014	December 15, 2014
North American Preferred Share Fund	NPF.UN	$0.11460	September 30, 2014	October 15, 2014
North American Preferred Share Fund	NPF.UN	$0.11460	October 31, 2014	November 14, 2014
North American Preferred Share Fund	NPF.UN	$0.11460	November 28, 2014	December 15, 2014
Senior Secured Floating Rate Loan Fund (Class A)	FRL.UN	$0.054167	September 30, 2014	October 15, 2014
Senior Secured Floating Rate Loan Fund (Class A)	FRL.UN	$0.054167	October 31, 2014	November 14, 2014
Senior Secured Floating Rate Loan Fund (Class A)	FRL.UN	$0.054167	November 28, 2014	December 15, 2014
Senior Secured Floating Rate Loan Fund (Class U)	Not listed	$0.054167 (U.S.)	September 30, 2014	October 15, 2014
Senior Secured Floating Rate Loan Fund (Class U)	Not listed	$0.054167 (U.S.)	October 31, 2014	November 14, 2014
Senior Secured Floating Rate Loan Fund (Class U)	Not listed	$0.054167 (U.S.)	November 28, 2014	December 15, 2014

SOURCE: Propel Capital Corporation

please call Raj Lala, EVP, Retail Markets, Fiera Capital at 416-955-4928 or visit www.propelcapital.ca