Published: September 03, 2010
Fort Dearborn Income Securities, Inc. Reports Dividend Distribution
CHICAGO - (BUSINESS WIRE) - The Board of Directors for Fort Dearborn Income Securities, Inc. (NYSE:
FDI) (the "Fund" ) today declared a quarterly dividend from current net
investment income and undistributed retained earnings from net
investment income of $0.25 per share, payable on September 30, 2010 to
shareholders of record as of September 13, 2010. The ex-dividend date is
September 9, 2010.
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.
UBS Global Asset Management Closed-End Funds Desk, 888-793 8637
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