Press Releases

First Asset Announces November Distributions

TORONTO, November 21, 2011 - First Asset announces the following distributions for the month ending November 30, 2011. In each case, the distribution will be paid on or before December 15, 2011, to unitholders of record on November 30, 2011.


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                                                                Distribution
                                                                      Amount
Name                                            TSX Symbol        (per unit)
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First Asset Yield Opportunity Trust - Series A      FAY.UN           $0.1458
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First Asset Yield Opportunity Trust - Series B       FAY.U      $0.044 (USD)
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First Asset REIT Income Fund                        RIT.UN             $0.05
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First Asset Pipes & Power Income Fund               EWP.UN             $0.03
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Triax Diversified High-Yield Trust                  TRH.UN             $0.07
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First Asset Canadian Dividend Opportunity Fund      DOF.UN             $0.05
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For further information, please contact Rob MacNiven, Investor Relations at 416-642-1289 or 1-877-642-1289 or visit www.firstasset.com.