Fort Dearborn Income Securities, Inc. Reports Dividend Distribution
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, 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
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