Income Financial Declares Monthly Distribution

Income Financial Trust ("Income Financial") is pleased to declare its monthly
distribution be $0.08983 per unit. The distribution is payable August 8, 2014 to
unitholders on record as of July 31, 2014.


Under the distribution policy announced on November 18, 2103, the monthly
distribution is determined by applying a 10% annualized rate on the volume
weighted average market price (VWAP) of Income Financial's units over the last 3
trading days of the preceding month. As a result, holders of record on July 31,
2014 will receive a distribution of $0.08983 per unit based on the VWAP of
$10.78 over the last 3 trading days of June payable on August 8, 2014. The yield
will remain stable at 10% (based on the VWAP) under this distribution policy.


Income Financial unitholders have received a total of $26.69 per unit in
distributions since inception, inclusive of this distribution.


Income Financial invests in a portfolio of North American financial services
companies including some of the strongest Canadian & U.S. banks, life insurance
and investment firms.




                                                                      
Distribution Details:                                                 
Variable Distribution per Unit:    $0.08983                           
Ex-Dividend Date:                  July 29, 2014                      
Record Date:                       July 31, 2014                      
Payable Date:                      August 8, 2014                     



FOR FURTHER INFORMATION PLEASE CONTACT: 
Income Financial Trust
Investor Relations
416-304-4443 or toll free: 1-877-4-Quadra (1-877-478-2372)
www.quadravest.com