Flaherty & Crumrine Investment Grade Fixed Income Fund declared special year end distribution. For the year ended December 31, 2013, the company estimates that it will generate income of approximately $0.11 per unit in excess of its previously announced distributions for the year. As a result, the Fund announced a special distribution estimated to be $0.11 per unit to unit holders of record at the close of business on December 31, 2013.

The distribution consists of a cash distribution in the amount of $0.055 per unit which approximates the income taxes payable (by taxable holders of the Fund) on the special distribution of income based on the high marginal Ontario tax rate; and a distribution estimated to be $0.055 per unit that will be automatically reinvested in additional units to be determined based on the net asset value per unit as of December 31, 2013.