Symphony Floating Rate Senior Loan Fund
TSX : SSF.UN

Symphony Floating Rate Senior Loan Fund

January 21, 2016 10:44 ET

Symphony Asset Management Provides Senior Loan Update

TORONTO, ONTARIO--(Marketwired - Jan. 21, 2016) - (TSX:SSF.UN) Investors and investment advisors are invited to listen to a January, 2016 recorded update on the US Senior Loan Market, hosted by Larry Holzenthaler of Symphony Asset Management ("Symphony"). Symphony discusses some of the recent trends in the Senior Loan and High Yield Markets, along with providing commentary on US economic growth. A link to the presentation recorded on January 13, 2016 has been posted to the Brompton Funds website at http://bromptongroup.com/funds/fund/ssf/overview.

The Fund is available for purchase on the Toronto Stock Exchange under the ticker symbol SSF.UN.

Symphony Floating Rate Senior Loan Fund (the "Fund") invests primarily in floating-rate Senior Loans, which are the most senior corporate obligations of a borrower, and are secured by the borrower's assets. As a result, Senior Loans have a first-priority secured claim on repayment ahead of bonds and equity. Senior Loans also feature floating rate interest payments which may help investors avoid potential negative performance of fixed-rate bonds in periods of rising interest rates. Symphony believes that senior loan credit fundamentals remain strong as U.S. economic growth remains intact and corporate default rates are expected to remain low.

About Brompton Funds

Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with approximately $2.0 billion in assets under management. Brompton's investment solutions include TSX listed closed-end funds, mutual funds, hedge funds and flow-through limited partnerships. For further information, please contact your investment advisor, call Brompton's investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@bromptongroup.com or visit our website at www.bromptongroup.com.

About Symphony

Symphony Asset Management LLC is the investment manager of Symphony Floating Rate Senior Loan Fund. Backed by an institutional-calibre integrated credit platform and supported by a 22-member team of experienced credit investment professionals, Symphony manages approximately US$13.4 billion in senior loans and has approximately US$16.6 billion in total assets under management, as at December 31, 2015. Funds sub-advised by Symphony have achieved the top ten-year performance ranking by Lipper as at December 31, 2015(1) for the senior loan asset class. Symphony is a wholly-owned subsidiary of Nuveen Investments Inc. Senior Loan closed-end funds sub-advised by Symphony have achieved the top Lipper performance ranking in the Loan Participation Fund category over 10 years (as at December 31, 2015).

(1) Source: Lipper December 31, 2015 Monthly Report provided to Nuveen Investments Inc. Rankings should not be construed as a statement of client experience or endorsement.

You will usually pay brokerage fees to your dealer if you purchase or sell units of the investment fund on the Toronto Stock Exchange or other alternative Canadian trading system (an "exchange"). If the units are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the investment fund and may receive less than the current net asset value when selling them.

There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the Fund. You can find more detailed information about the Fund in the public filings available at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

Contact Information