- 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.
The Board of Directors for Fort Dearborn Income Securities, Inc. (the "Fund") (NYSE:FDI) today declared a quarterly dividend from net investment income and retained earnings of $0.1625 per share. The dividend is payable on December 31, 2015 to shareholders of record as of December 14, 2015. The ex-dividend date is December 10, 2015. Fort Dearborn Income Securities, Inc. is a closed-end bond fund managed by UBS 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: