Fort Dearborn Income Securities, Inc. Reports Dividend Distribution
06 June 2015 - 7:05AM
Business Wire
The Board of Directors for Fort Dearborn Income Securities, Inc.
(the “Fund”) (NYSE:FDI) today declared a quarterly dividend from
net investment income of $0.16 per share. The dividend is payable
on June 30, 2015 to shareholders of record as of June 15, 2015. The
ex-dividend date is June 11, 2015.
Fort Dearborn Income Securities, Inc. is a closed-end bond fund
managed by UBS Global Asset Management (Americas), Inc. The Fund
invests principally in investment grade, long-term, fixed income
debt securities. The primary objective of the Fund is to provide
its shareholders with:
- A stable stream of current income
consistent with external interest rate conditions, and
- A total return over time that is above
what they could receive by investing individually in the investment
grade and long-term maturity sectors of the bond market.
Investing in the Fund entails specific risks, such as
interest rate, credit, US government securities and derivative
investments risks. Further detailed information regarding the Fund,
including a discussion of investment objectives, principal
investment strategies and principal risks, may be found in the fund
overview located at
http://www.ubs.com/closedendfundsinfo. You may also
request copies of the fund overview by calling the Closed-End Funds
Desk at 888-793 8637.
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version on businesswire.com: http://www.businesswire.com/news/home/20150605005938/en/
UBS Global Asset ManagementClosed-End Funds Desk: 888-793
8637ubs.com
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