Flaherty & Crumrine Investment Grade Fixed Income Fund announced a special distribution estimated to be $0.32 per unit to unit holders of record at the close of business on December 31, 2015. The distribution consists of a cash distribution in the amount of $0.16 per unit which approximates the income taxes payable on the special distribution of income based on the higher marginal Ontario income tax rate for 2015; and a distribution estimated to be $0.16 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, 2015. The payment date for the cash distribution of $0.16 per unit will be January 15, 2016.