Fort Dearborn Income Securities, Inc. Reports Dividend Distribution

Fort Dearborn Income Securities, Inc. Reports Dividend Distribution

CHICAGO--(BUSINESS WIRE)-- The Board of Directors for Fort Dearborn Income Securities, Inc. (the "Fund") (NYS: FDI) today declared a quarterly dividend from current net investment income, undistributed retained earnings and short-term capital gains of $0.175 per share, payable on March 28, 2013 to shareholders of record as of March 11, 2013. The ex-dividend date is March 7, 2013.

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
ubs.com

KEYWORDS:   United States  North America  Illinois

INDUSTRY KEYWORDS:

The article Fort Dearborn Income Securities, Inc. Reports Dividend Distribution originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Professional Vs Do it Yourself Investing

Should you get advice or DYI?

View Course »

Reading a Stock Quote

Learn to read the ingredients of a stock.

View Course »

Add a Comment

*0 / 3000 Character Maximum