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, 2011. For the fiscal first quarter ended December 31, 2011, the Fund's earnings from net investment income were $1,490,003, equal to $0.17 per share. During this period, the Fund paid distributions from net investment income and retained earnings of $1,667,376, equal to $0.19 per share; short-term capital gains distributions of $2,966,175, equal to $0.34 per share and long-term capital gains distributions of $3,317,201, equal to $0.38 per share. Total net realized and unrealized gains from investment activities were $1,567,674 equal to $0.18 per share, for the same period. This compares to earnings from net investment income of $1,717,732, equal to $0.20 per share and undistributed retained earnings from net investment income of $2,096,061, equal to $0.24 per share; distributions paid from net investment income and retained earnings 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; and total net realized and unrealized losses from investment activities of $(5,363,990), equal to $(0.61) per share, for the fiscal first quarter ended December 31, 2010. On December 31, 2011, total net assets of the Fund were $146,801,478. The net asset value per share was $16.73, based on 8,775,665 shares outstanding, which represents an increase of 3.59% from the net asset value per share of $16.15 ($141,750,189 attributable to 8,775,665 shares outstanding) on December 31, 2010.
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