The closed-end funds listed below, which are advised by U.S. Bancorp Asset Management, Inc., today declared their November distributions. The distributions will be allocated on a per-share basis on the common stock. The distributions have an ex-dividend date of November 1, 2011 and will be paid on November 16, 2011 to shareholders of record on November 3, 2011.
|Fund||NYSE Symbol||November Amount||Change from Previous Month|
|Income Portfolio II||BSP||$0.0500||$0.0000|
|Income Portfolio III||CSP||$0.0400||$0.0000|
|American Income Fund|
|Fund||NYSE Alternext||November Amount||Change from Previous Month|
|Income Fund II||MXN||$0.0675||$0.0000|
ASP, BSP, CSP and SLA distributions are payable in cash or, pursuant to the funds’ dividend reinvestment plans, reinvested in additional shares of the funds’ common stock. Under each fund’s plan, fund shares will be purchased on the open market when the price of the fund’s shares on the New York Stock Exchange plus per share fees is less than a 5% premium over the fund’s most recently calculated net asset value per share. If, at the close of business on the dividend payment date, the shares purchased in the open market are insufficient to satisfy the dividend reinvestment requirement, payment of the dividend, or the remaining portion, will be accepted in authorized but unissued shares of the fund. These shares will be issued at a per-share price equal to the higher of (a) the net asset value per share as of the close of business on the payment date or (b) 95% of the closing market price per share on the payment date.
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