Fort Dearborn Income Securities, Inc. (the “Fund”) (NYSE: FDI), a closed-end management investment company seeking a stable stream of current income consistent with external interest rate conditions and a total return over time that is above what shareholders could receive by investing individually in the investment grade and long-term maturity sectors of the bond market, today announced its performance for the fiscal first quarter and fiscal year-to-date ended December 31, 2010. For the fiscal first quarter and fiscal year-to-date ended December 31, 2010, the Fund's earnings from net investment income were $1,717,732, equal to $0.20 per share. The Fund also has undistributed retained earnings from net investment income of $2,096,061, equal to $0.24 per share. During this period, the Fund paid net investment income distributions of $3,089,034, equal to $0.35 per share; short term capital gains distributions of $3,606,798, equal to $0.41 per share and long-term capital gains distributions of $149,186, equal to $0.02 per share. Total net realized and unrealized losses from investment activities were $(5,363,990) equal to $(0.61) per share, for the same period. This compares to earnings from net investment income of $1,788,632, equal to $0.20 per share; distributions paid of $1,755,133, equal to $0.20 per share; and short term capital gains of $2,580,046, equal to $0.29 per share. Total net realized and unrealized losses from investment activities of $(1,674,018) equal to $(0.19) per share, for the fiscal first quarter ended December 31, 2009. On December 31, 2010, total net assets of the Fund were $141,750,189. The net asset value per share was $16.15 based on 8,775,665 shares outstanding, which represents an increase of 0.81% from the net asset value per share of $16.02 ($140,552,717 attributable to 8,775,665 shares outstanding) on December 31, 2009.
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