Nuveen Asset Management Provides Update on Senior Loans

TORONTO, Jan. 17, 2022 (GLOBE NEWSWIRE) — (TSX: SSF.UN) Investors and investment advisors are invited to listen to a webinar, moderated by Larry Holzenthaler, Investment Strategist, Nuveen Asset Management (“NAM”). Mr. Holzenthaler discusses some of the recent trends in the US senior loan market and explains why NAM believes loan fundamentals remain positive. The presentation, recorded on January 13, 2022, can be viewed by clicking on the following link:

Senior Loan Market Update – January 2022

The Symphony Floating Rate Senior Loan Fund (the “Fund”) invests primarily in Floating Rate Senior Loans, which are a borrower’s most important corporate obligations and are secured by the assets of the borrower. Senior Loans have a first priority secured claim on repayment, ahead of bonds and stocks. Senior Loans offer a high level of income and low interest rate risk compared to traditional fixed income asset classes. Symphony believes credit fundamentals for Senior Loans remain strong as the U.S. economy continues to recover and corporate default rates are expected to remain low.

The Fund offers a distribution of $0.48 per unit per annum on its Class A shares, paid monthly, representing a cash distribution rate of 6.1% per annum based on the closing price of the TSX on the 14th January 2022. The Fund can be purchased on the Toronto Stock Exchange under the symbol SSF.UN.

About Brompton Funds
Founded in 2000, Brompton is an experienced investment fund manager with income-oriented investment solutions, including TSX-traded closed-end funds and exchange-traded funds. For more information, please contact your investment advisor, call the Brompton 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 Nuveen Asset Management
Nuveen Asset Management, LLC (“NAM”) is the sub-advisor to Symphony Floating Rate Senior Loan Fund. NAM specializes in managing debt and equity strategies, including senior loan portfolios. NAM, a registered investment adviser, has been in business for over thirty years and had a total of US$274.4 billion in assets under management as of November 30, 2021. NAM is an indirect subsidiary of Nuveen, LLC which is a subsidiary of Teachers Insurance and the American Annuities Association.

Annual performance1 1 year 3 years 5 years 10 years IF2 IF3
Symphony Floating Rate Senior Loan Fund – Class A 13.9% 5.7% 3.9% 5.4% 5.4%
Symphony Floating Rate Senior Loan Fund – Class C 19.5% 7.6% 4.9%
Symphony Floating Rate Senior Loan Fund – Class F 16.3% 6.3% 4.3%
Symphony Floating Rate Senior Loan Fund – Class U 13.5% 6.1% 4.3% 5.4% 5.3%

(1) Returns are for periods ended the 31st of December, 2021 and are not audited. The table shows the compound returns of the Fund for each period indicated..
(2) Creation date: November 1, 2011
(3) Creation date: January 10, 2017

You will usually pay brokerage fees to your dealer if you buy or sell units of the investment fund on the Toronto Stock Exchange or other alternative Canadian trading system (an “exchange”). If units are bought or sold on a stock 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 containing key information about the Fund. You can find more detailed information about the Fund in the public documents available at The indicated rates of return are the historical annual compound total returns, including changes in unit value and the reinvestment of all distributions and do not take into account certain charges, such as redemption fees or income taxes payable by any security holder, which would have the effect of reducing returns. Investment funds are not guaranteed, their values ​​change frequently and past performance may not be repeated. The amount of distributions may fluctuate from month to month and there can be no assurance that the Fund will pay distributions within
particular month.

Certain statements contained in this press 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 other matters identified in public documents regarding the Fund, the Fund’s future prospects and expected events or results and may include statements regarding future financial performance. of the Fund. . In some instances, forward-looking information may be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “have the intention to”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may differ from this 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.

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