TORONTO, ONTARIO--(Marketwire - July 20, 2012) - Star Portfolio Corp. (TSX:XYM) announced today cash distributions for Star Yield Managers Class. Shareholders of record at the close of business on July 31, 2012 will receive cash distributions of $0.05 per share, payable on or about August 14, 2012. The distributions will be payable in the form of return of capital (representing 55.64% of the distribution) and in the form of dividend (representing 44.36% of the distribution).

Further information about Star Yield Managers Class can be found at www.bmocm.com/bmosp under "Closed-End Funds".