TORONTO, March 16, 2016 /CNW/ - (TSX: IFL-UN)  Voya Diversified Floating Rate Senior Loan Fund (the "Fund") will commence its normal course issuer bid to purchase up to 1,082,015 Class A units of the Fund representing approximately 10% of the public float of 10,820,150 Class A units.  The Fund may purchase up to 216,423 Class A units in any 30 day period which is 2% of the 10,821,150 issued and outstanding Class A units at March 8, 2016.

As of March 8, 2016, the Fund had not purchased any units under its previous Normal Course Issuer Bid.

The Class A units may be purchased for cancellation from March 18, 2016 to March 17, 2017 through the facilities of the TSX or other Canadian trading systems and may only be purchased at a price per Class A unit not exceeding the last published net asset value per Class A unit.  The Manager of the Fund believes that such purchases are in the best interest of the Fund and are a desirable use of its available funds.

SOURCE Aston Hill Asset Management Inc.