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Fort Dearborn Income Securities Reports Dividend UBS Global Asset Management
Chicago, June 2, 2006 -- The Board of Directors for Fort Dearborn Income Securities, Inc. (FDI) (the "Fund") today declared a quarterly dividend from ordinary income of $0.20 per share, payable on June 30, 2006, to shareholders of record as of June 12, 2006. The ex-dividend date is June 8, 2006.
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.
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