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Press release from CNW Group

Connor, Clark & Lunn Capital Markets Inc. Declares Distributions for Funds

Thursday, April 19, 2012

Connor, Clark & Lunn Capital Markets Inc. Declares Distributions for Funds17:50 EDT Thursday, April 19, 2012TORONTO, April 19, 2012 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared April 2012 cash distributions for the following funds:FundTrading SymbolDistribution Amount (per Unit)Record DatePayable DateDistribution Amount AnnualizedTSX TradingPrice Per Unit as of Apr. 18, 2012Current YieldAustralian Banc Capital Securities Trust (Class A Units and Class F Units)*AUZ.UN$0.15Apr. 30, 2012May 15, 2012$0.60$9.186.5%Build America Investment Grade Bond Fund  (Class A Units and Class F Units)*BAB.UN$0.1198Apr. 30, 2012May 15, 2012$1.44$24.006.0%CC&L Conservative Income & Growth FundCCP.UN$0.1161Apr. 30, 2012May 15, 2012$1.39$25.685.4%CC&L Financial Opportunities Fund  (Class A Units and Class F Units)GFO.UN$0.02778Apr. 30, 2012May 15, 2012$0.33$4.457.4%CC&L Real Return Income Fund*RRB.UN$0.02083Apr. 30, 2012May 15, 2012$0.25$7.383.4%HBanc Capital Securities Trust - Class A Units, Series 1 and 2*HSC.UN (Series 1)$0.1458Apr. 30, 2012May 15, 2012$1.75$22.647.7%HBanc Capital Securities Trust - Class U Units, Series 1 and 2*Not listedU.S. $0.1458Apr. 30, 2012May 15, 2012U.S. $1.75  ING Floating Rate Senior Loan Fund, Class A Units*ISL.UN$0.0417Apr. 30, 2012May 15, 2012$0.50$9.255.4%ING Floating Rate Senior Loan Fund, Class U Units*ISL.UU.S. $0.0417Apr. 30, 2012May 15, 2012U.S. $0.50$9.035.5%Low Volatility Canadian Equities Income FundLOW.UN$0.05Apr. 30, 2012May 15, 2012$0.60$9.736.2%*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 seventeen investment vehicles, raising more than $2 billion in assets.CC&L Capital Markets is part of the Connor, Clark & Lunn Financial Group.  Connor, Clark & Lunn Financial Group provides investment management services to individuals, advisors, pension plans, institutional investors and foundations.  The investment platform offers a broad range of traditional and alternative investment management services, including domestic and international equities and fixed income, hedge funds, private equity and infrastructure.As Canada's only multi-boutique asset management firm, Connor, Clark & Lunn Financial Group is uniquely focused on creating the conditions for success for its clients, partners and employees.  The firm has offices in Vancouver, Edmonton, Calgary, Regina, Toronto, Ottawa and Montreal and through its affiliated investment managers is responsible for the investment of approximately $40 billion in financial assets.For further information: please visit or contact: Darren Cabral Vice President & CFO Connor, Clark & Lunn Capital Markets Inc. 416-214-6182 Toll Free: 1-888-276-2258