TORONTO, ONTARIO--(Marketwire - Sept. 12, 2012) -

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES.

Front Street Strategic Yield Fund Ltd. (the "Fund") (TSX:FSS), is pleased to announce a dividend of $0.15 per Equity Share for the quarter ending September 30, 2012. The dividend is anticipated to be payable on or before October 15, 2012 to shareholders of record on September 28, 2012.