Fort Dearborn Income Securities, Inc. Reports Dividend Distribution
05 December 2015 - 9:05AM
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 and retained earnings of $0.1625 per share.
The dividend is payable on December 31, 2015 to shareholders of
record as of December 14, 2015. The ex-dividend date is December
10, 2015.
Fort Dearborn Income Securities, Inc. is a closed-end bond fund
managed by UBS 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/20151204005845/en/
UBS Asset ManagementClosed-End Funds Desk:
888-793-8637ubs.com
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