Press Releases

First Asset Closed-End Funds Announces Distributions

TORONTO, March 19, 2013 First Asset Closed-End Funds announces the following distributions for the month and quarter ending March 31, 2013. In all cases, the distribution will be paid on or before April 15, 2013, to holders of record on March 28, 2013.

Name TSX Symbol Distribution (per unit)
First Asset Yield Opportunity Trust - Series A FAY.UN $ 0.1458
First Asset Yield Opportunity Trust - Series B FAY.U $ 0.044 (USD)
First Asset Canadian REIT Income Fund RIT.UN $ 0.05
First Asset Pipes & Power Income Fund EWP.UN $ 0.03
Utility Split Trust - Capital Units UST.UN $ 0.05
Utility Split Trust - Preferred Shares UST.PR.B $ 0.13125
Triax Diversified High-Yield Trust TRH.UN $ 0.07
First Asset Diversified Convertible Debenture Fund DCD.UN $ 0.30
Preferred Share Investment Trust PSF.UN $ 0.175
First Asset CanBanc Split Corp. - Preferred Shares CBU.PR.A $ 0.1625
CanBanc Income Corp. CIC $ 0.175
Can-60 Income Corp. CSY $ 0.1625
Canadian Advantaged Convertibles Fund ADC.UN $ 0.15
Can-Financials Income Corp. FIC $ 0.15
North American Advantaged Convertibles Fund NCD.UN $ 0.125
Canadian REIT Income Fund RIU.UN $ 0.1375
First Asset Canadian Dividend Opportunity Fund II DVF.UN $ 0.04167
CanBanc 8 Income Corp. CBF $ 0.1693(i)

(i) pro-rated amount for the period from the first day of trading (December 19, 2012) to March 31, 2013.

For further information, please contact Rob MacNiven, Investor Relations at 416-642-1289 or 1-877-642-1289 or visit www.firstasset.com.