YIELDPLUS Income Fund Announces a Change to its Monthly Distribution

CALGARY, Jan. 13, 2015 /CNW/ - YIELDPLUS Income Fund (the "Fund") is announcing a change in its distribution for the first quarter of 2016 from its current monthly rate of $0.05 per unit. This change will be effective beginning with the monthly cash distribution payable on February 12, 2016 to unitholders of record on January 31, 2016 and will remain at this level until further guidance is provided by the Fund. The new distribution is reflective of current market conditions and the re-balancing of the Fund's portfolio holdings with a greater emphasis on U.S. and global issuers. Based upon the new level of distributions and the current market price, the Fund's yield will be approximately 6.9% per unit.

Record Date	Payable Date	Distribution Per Trust Unit
January 31, 2016	February 12, 2016	$0.03
February 29, 2016	March 15, 2016	$0.03
March 31, 2016	April 15, 2016	$0.03

The trust units trade on the Toronto Stock Exchange under the symbol YP.UN.

SOURCE YIELDPLUS Income Fund

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