Montgomery Street Income Securities, Inc. Announces Distribution
July 22 2015 - 1:30PM
Business Wire
Montgomery Street Income Securities, Inc. (NYSE: MTS) (the
“Fund”) declared a dividend of $0.15 per share. The dividend is
payable on August 10, 2015 to stockholders of record at the close
of business on August 3, 2015.
It is anticipated that substantially all of the distributions
paid to date in 2015 will be distributions from ordinary income for
tax purposes. The actual sources of distributions will be reported
to stockholders in January 2016 on Form 1099-DIV.
The Fund is a closed-end diversified management investment
company whose primary investment objective is to seek as high a
level of current income as is consistent with prudent investment
risks, from a diversified portfolio primarily of debt securities.
The Fund’s shares are traded on the New York Stock Exchange under
the symbol MTS.
Closed-end funds, unlike open-end funds, are not continuously
offered. There is generally a one-time public offering and, once
issued, shares of closed-end funds are sold in the open market
through a stock exchange. Shares of closed-end funds frequently
trade at a discount to net asset value.
The price of the Fund’s shares is determined by a number of
factors, several of which are beyond the control of the Fund.
Therefore, the Fund cannot predict whether its shares will trade
at, below or above net asset value.
Investments in funds involve risk. Yields and market values will
fluctuate. Investing in foreign markets presents certain unique
risks not associated with domestic investments, such as currency
fluctuations, political and economic changes and market risks.
Additionally, the Fund invests in lower-quality and non-rated
securities, which present greater risks of loss of principal and
interest than higher-quality securities. All of these factors may
result in greater share price volatility.
This announcement is not an offer to purchase or the
solicitation of an offer to sell shares of the Fund, a prospectus,
a circular or representation intended for use in the purchase or
sale of Fund shares, or a proxy solicitation.
NOT FDIC/NCUA INSURED - MAY LOSE VALUE - NO
BANK GUARANTEENOT A DEPOSIT - NOT INSURED BY ANY
FEDERAL GOVERNMENT AGENCY
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For Montgomery Street Income Securities, Inc.For
stockholder inquiries:Computershare Shareowner
Services,(877) 437-3938orFor media inquiries:Melissa
Hernandez, (303) 224-7572 or (800) 565-9044 x 57572