First Trust Advantaged Short Duration High Yield Bond Fund Declares Monthly Distribution for March of $0.07 per unit - 21 News Now, More Local News for Youngstown, Ohio -

First Trust Advantaged Short Duration High Yield Bond Fund Declares Monthly Distribution for March of $0.07 per unit

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SOURCE First Trust Advantaged Short Duration High Yield Bond Fund

TSX Symbol FSD.UN

TORONTO, March 18, 2013 /CNW/ - (TSX:FSD.UN) First Trust Advantaged Short Duration High Yield Bond Fund ("the Fund") announces a distribution for the month ending March 31, 2013 of $ 0.07 for each Class A unit (CUSIP - CA33733N1042) and Class F unit (CUSIP - CA33733N1125). The distribution is payable on April 15, 2013 to Unitholders of record on March 28, 2013.

The Fund provides exposure to a diversified, short duration high yield bond portfolio comprised primarily of North American high yield debt securities, generally with remaining terms to maturity of five years or less. The Fund aims to (i) deliver attractive, monthly, tax advantaged distributions, and (ii) to preserve capital.

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