AEW Real Estate Income Fund Announces December Distribution Will Contain Short-Term and Long-Term Capital Gains Distributions.Business Editors/Real Estate Writers BOSTON--(BUSINESS WIRE)--Dec. 11, 2003 The AEW AEW Airborne Early Warning AEW Air Expeditionary Wing AEW Airborne Electronic Warfare AEW Agr' Eau' Wat (Canadian agricultural consultant) AEW Amckerns Explosion Wars (Half Life community) Real Estate Income Fund, which is listed on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. under the symbol "RIF," announced today its December distribution is expected to consist of a short-term capital gains distribution of $0.4455 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. and a long-term capital gains distribution of $0.0805 cents per share. The distribution is payable on December 30, 2003 to shareholders of record as of December 12, 2003. The AEW Real Estate Income Fund's primary investment objective is high current income; its secondary investment objective is capital appreciation. The fund currently seeks to achieve its investment objectives by investing primarily in common and preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. issued by real estate investment trusts and other real estate companies. The fund's portfolio manager is Matthew A. Troxell, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. . Jeffrey P. Caira, J. Hall Jones, Jr., CFA, and Roman Ranocha, CFA, are assistant portfolio managers of the fund. The AEW Real Estate Income Fund, a non-diversified closed-end investment management company, is advised by AEW Management and Advisors, L.P., an affiliate of AEW Capital Management, L.P. (AEW), which is a subsidiary of CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation IXIS Asset Management North America, L.P. AEW is a real estate investment manager, providing services to institutions, mutual funds, and other investors in commercial property and real estate securities. AEW and its affiliates currently manage approximately $15 billion of capital, which is invested in $21 billion of real estate and securities in the U.S., Canada, and Europe. For further information, visit www.aew.com or www.cdcixisadvisors.com/aew_rif/. |
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