The Board of Directors for Fort Dearborn Income Securities, Inc. (NYSE: FDI) (the “Fund”) today declared a quarterly dividend from ordinary income of $0.19 per share, payable on March 31, 2011 to shareholders of record as of March 14, 2011. The ex-dividend date is March 10, 2011. 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.