Symphony Asset Management Provides Senior Loan Update

TORONTO, ONTARIO--(Marketwired - Dec. 14, 2015) - Symphony Floating Rate Senior Loan Fund (TSX:SSF.UN) -

Investors and investment advisors are invited to listen to an update on the US Senior Loan Market, hosted by Larry Holzenthaler of Symphony Asset Management ("Symphony"). A link to the replay of the update recorded on December 9, 2015 has been posted to the Brompton Funds website at http://www.bromptongroup.com/static/mp3/ssf_dec15.mp3. 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 fundamentals remain strong as U.S. economic fundamentals remain intact and corporate default rates are expected to remain low.

The Fund has a current distribution target of $0.60 per annum, representing a market distribution rate of approximately 7.2% based on the November 30, 2015 closing price. The Fund is designed to pay tax-efficient Return of Capital distributions until October 2016. At the highest personal income tax rate in Ontario (49.53%), an investor would need to earn regular interest income at a rate of 10.8% per annum to realize the same after-tax cash flows.

About Brompton Funds

Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with over $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$13.8 billion in senior loans and has approximately US$17.2 billion in total assets under management, as at September 30, 2015. Funds sub-advised by Symphony have achieved the top five and ten-year performance rankings by Lipper as at September 30, 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 5 and 10 years (as at September 30, 2015).

(1) Source: Lipper September 30, 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.