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

May 21, 2013, 08:31 ET from First Trust Advantaged Short Duration High Yield Bond Fund

TSX Symbol FSD.UN

TORONTO, May 21, 2013 /CNW/ - (TSX:FSD.UN) First Trust Advantaged Short Duration High Yield Bond Fund ("the Fund") announces a distribution for the month ending May 31, 2013 of $ 0.07 for each Class A unit (CUSIP - CA33733N1042) and Class F unit (CUSIP - CA33733N1125). The distribution is payable on June 14, 2013 to Unitholders of record on May 31, 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.

SOURCE First Trust Advantaged Short Duration High Yield Bond Fund