Rivus Bond Fund Declares Quarterly Dividend

ARMONK, N.Y.--(BUSINESS WIRE)--The Rivus Bond Fund (NYSE:BDF) (the “Fund”) declared a dividend of $0.2875 on September 9, 2009, payable on October 29, 2009, to shareholders of record at the close of business on October 2, 2009, with a Net Asset Value and New York Stock Exchange ex-dividend date of September 30, 2009 and a comparison date of October 23, 2009.

The dividend of $0.2875 per share would indicate an annual dividend rate for the last four quarters of $1.15 per share and an annual dividend rate of $1.15 per share prospectively.

The Fund is a closed-end, diversified management investment company whose primary investment objective is to seek a high rate of return, primarily from interest income and trading activity, from a portfolio principally consisting of debt securities. The Fund is managed by MBIA Capital Management Corp.

Declaration Date: September 9, 2009