Fort Dearborn Income Securities, Inc. Reports Dividend Distribution
April 29 2016 - 5:05PM
Business Wire
The Board of Directors for Fort Dearborn Income Securities, Inc.
(the “Fund”) (NYSE:FDI) today declared a final dividend prior to
the Fund Reorganization from net investment income of $0.019 per
share. The dividend is payable on May 13, 2016 to shareholders of
record as of May 10, 2016. The ex-dividend date is May 6, 2016. As
discussed in the press release dated March 17, 2016, the Fund's
Automatic Dividend Investment Plan has been terminated. The
distribution for this final dividend will be made in cash.
Important Note: As discussed in the press release dated April
19, 2016, the Fund Reorganization is scheduled for Friday, May 20,
2016.
Investing in the Fund entails specific risks, such as
interest rate, credit and US government securities risks as well as
derivatives investment risk. Until the reorganization, further
information regarding the Fund may be found at
http://www.ubs.com/closedendfundsinfo.
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UBS Asset ManagementClosed-End Funds Desk:
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