CHICAGO--(BUSINESS WIRE)--The Board of Directors for Fort Dearborn Income Securities, Inc. (the “Fund”) (NYSE:FDI) today declared a quarterly dividend of $0.175 per share (which as of the date of declaration was comprised primarily of current net investment income and long-term capital gains), payable on September 30, 2013 to shareholders of record as of September 23, 2013. The ex-dividend date is September 19, 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.
Further information regarding the Fund, including a discussion of principal objectives, principal investment strategies and principal risks, may be found in the fund overview located at http://www.ubs.com/closedendfundsinfo. You may also request copies of the fund overview by calling the Closed-End Funds Desk at 888-793 8637.