Cutwater Select Income Fund Declares Quarterly Dividend, Payable on May 1, 2014; Appoints Gautam Khanna as New Trustee
March 12, 2014 at 06:00 pm EDT
Share
The Cutwater Select Income Fund declared a dividend of $0.265 on March 12, 2014, payable on May 1, 2014, to shareholders of record at the close of business on April 4, 2014, with an ex-dividend date of April 2, 2014. The dividend of $0.265 per share would equate to an annual dividend payment for the last four quarters of $1.06 per share.
The Fund also announced that the Board of Trustees of the Fund appointed Mr. Gautam Khanna to serve as a Trustee of the Fund effective immediately. Mr. Khanna is currently a Vice President and Portfolio Manager of the Fund.
Insight Select Income Fund (the Fund) is a diversified closed-end, management investment company. The Fundâs investment objective is to seek a high rate of return, primarily from interest income and trading activity, from a portfolio principally consisting of debt securities. Under normal market conditions, the Fund invests at least 80% of its managed assets in debt securities. Managed assets include net assets, plus the proceeds from borrowings, and the issuance of senior securities for investment purposes. The Fund invests approximately 75% of its managed assets in various types of non-convertible debt securities (including bonds and debentures), such as debt securities (with or without attached warrants), short-term debt securities (debentures), obligations of the United States Government, its agencies or instrumentalities, and bank debt securities (with or without attached warrants). The Fund's investment adviser is Insight North America LLC.
INSIGHT SELECT INCOME FUND 
