TORONTO, Feb. 19, 2013 /CNW/ - Connor, Clark & Lunn
Capital Markets Inc. today declared February
2013 cash distributions for the following funds:
| Fund |
Trading Symbol |
Distribution Amount
(per Unit) |
Record Date |
Payable Date |
Distribution Amount
Annualized |
TSX Trading Price Per Unit as of Feb. 15,
2013 |
Current Yield |
| Build America Investment Grade
Bond Fund (Class A Units and Class F Units)* |
BAB.UN |
$0.1198 |
Feb. 28,
2013 |
Mar. 15,
2013 |
$1.44 |
$24.25 |
5.9% |
| CC&L Financial Opportunities
Fund (Class A Units and Class F Units) |
GFO.UN |
$0.01833 |
Feb. 28, 2013 |
Mar. 15, 2013 |
$0.22 |
$5.10 |
4.3% |
| HBanc Capital Securities Trust -
Class A Units, Series 1 and 2* |
HSC.UN (Series 1) |
$0.1458 |
Feb. 28, 2013 |
Mar. 15, 2013 |
$1.75 |
$23.15 |
7.6% |
| HBanc Capital Securities Trust -
Class U Units, Series 1 and 2* |
Not listed |
U.S. $0.1458 |
Feb. 28, 2013 |
Mar. 15, 2013 |
U.S. $1.75 |
|
|
| ING Floating Rate Senior Loan
Fund, Class A Units* |
ISL.UN |
$0.0417 |
Feb. 28, 2013 |
Mar. 15, 2013 |
$0.50 |
$9.79 |
5.1% |
| ING Floating Rate Senior Loan
Fund, Class U Units* |
ISL.U |
U.S. $0.0417 |
Feb. 28, 2013 |
Mar. 15, 2013 |
U.S. $0.50 |
$9.46 |
5.3% |
| Low Volatility Canadian Equities
Income Fund |
LOW.UN |
$0.05 |
Feb. 28, 2013 |
Mar. 15, 2013 |
$0.60 |
$9.67 |
6.2% |
*Distributions are expected to be characterized as 100% return
of capital.
Connor, Clark & Lunn Capital Markets Inc.
(CC&L Capital Markets) is a leading Canadian structured
financial products investment firm that is focused on creating and
managing high quality investment vehicles that will stand the test
of time and ultimately allow our clients to achieve their personal
financial goals. Formed in 2001, CC&L Capital Markets has
designed, launched and currently manages sixteen investment
vehicles, raising more than $2
billion in assets.
CC&L Capital Markets is part of the Connor,
Clark & Lunn Financial Group, a multi-boutique asset management
company that provides investment management products and services
to institutional, high net worth and retail clients. With offices
in Vancouver, Edmonton, Calgary, Regina, Toronto, Ottawa, Montreal, Halifax and London,
England, CC&L Financial Group and its affiliate
companies are collectively responsible for the management of
approximately $40 billion in assets
as at June 30, 2012.
SOURCE Connor, Clark & Lunn Capital Markets Inc.