Managed High Yield Plus Fund Inc. – Dividend Declaration and Updated Price and Yield Information
10 June 2014 - 7:05AM
Business Wire
Managed High Yield Plus Fund Inc. (the "Fund") (NYSE:HYF), a
closed-end management investment company, today announced that the
Fund’s Board of Directors has declared a dividend from net
investment income of $0.0145 per share. The dividend is payable on
June 30, 2014 to shareholders of record as of June 19, 2014. The
ex-dividend date is June 17, 2014.
Managed High Yield Plus Fund Inc. seeks high income and,
secondarily, capital appreciation, primarily through investments in
lower-rated, income producing debt and related equity
securities.
Characteristics as of May 31,
2014*
Net Asset Value per share $2.32 Market Price per
share $2.12 NAV Yield 7.50 % Market Yield
8.21 % * Net asset value (NAV), market price and
yields will fluctuate. NAV yield is calculated by multiplying the
current month’s dividend by 12 and dividing by the month-end net
asset value. Market yield is calculated by multiplying the current
month’s dividend by 12 and dividing by the month-end market price.
Any performance information reflects the deduction of the Fund’s
fees and expenses, as indicated in its shareholder reports, such as
management fees, custody fees, exchange listing fees, etc. It does
not reflect any transaction charges that a shareholder may incur
when (s)he buys or sells shares (e.g., a shareholder’s brokerage
commissions).
Investing in the Fund entails specific risks, such as
interest rate risk, the greater credit risks inherent
in investing primarily in lower-rated, higher-yielding bonds
as well as the increased risk of using leverage
(that is, borrowing money to invest in additional
portfolio securities). Further detailed information
regarding the Fund, including a discussion of principal 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.
©UBS 2014. All rights reserved.
The key symbol and UBS are among the registered and unregistered
trademarks of UBS.
UBS Global Asset ManagementClosed-End Funds Desk:
888-793-8637ubs.com
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