CEFA - Closed-End Fund Association

animate text

My Fund Comparison
Initilizing list...



> Advanced Search

Insured Municipal Income Fund Dividend Declaration, Updated Price & Yield Info
UBS Global Asset Management

New York, Nov. 07, 2005 -- Insured Municipal Income Fund Inc. (PIF), a closed-end management investment company normally investing substantially all of its assets in a diversified portfolio of tax-exempt municipal obligations, with common and preferred shares outstanding, today announced that the Fund's Board of Directors has declared a dividend from net investment income of $0.05 per share of common stock. The dividend is payable on November 30, 2005 to common shareholders of record as of November 17, 2005. The ex-dividend date is November 15, 2005. Under normal circumstances, the Fund invests at least 80% of its net assets in insured municipal obligations, the income from which is exempt from regular federal income tax.

Characteristics as of October 31, 2005:*

Net Asset Value                                 $  14.91
Market Price                                    $  12.74
NAV Yield                                           4.02%
Market Yield                                        4.71%

*   Net asset value (NAV), market price and yields will fluctuate. NAV
    yield is calculated by multiplying the current month's dividend by
    12 and dividing by the month-end net asset value. Market yield is
    calculated by multiplying the current month's dividend by 12 and
    dividing by the month-end market price.

View more information on UBS Global Asset Management or other Closed-End Funds.