CHICAGO -- (Business Wire)
The Board of Directors for Fort Dearborn Income Securities, Inc. (the
“Fund”) (NYSE: FDI) today declared a quarterly dividend from current net
investment income and undistributed retained earnings from net
investment income of $0.175 per share, and distributions from short-term
capital gains of $0.386 per share and long-term capital gains of $0.437
per share, payable on December 31, 2012 to shareholders of record as of
December 17, 2012. The ex-dividend date is December 13, 2012.
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
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.
UBS Global Asset Management
Closed-End Funds Desk, 888-793-8637
Source: Fort Dearborn Income Securities, Inc.
© 2018 Canjex Publishing Ltd. All rights reserved.