The Board of Directors for Fort Dearborn Income Securities, Inc. (NYSE: FDI) (the “Fund”) today declared a quarterly dividend from current net investment income and undistributed retained earnings from net investment income of $0.352 per share, and distributions from short-term capital gains of $0.411 per share and long-term capital gains of $0.017 per share, payable on December 31, 2010 to shareholders of record as of December 13, 2010. The ex-dividend date is December 9, 2010. 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.