Printer Friendly
The Free Library
4,553,008 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

AEW Real Estate Income Fund Announces Dividends for April, May and June 2006.


BOSTON -- The AEW AEW - Air Expeditionary Wing
AEW - Airborne Early Warning
AEW - Airborne Electronic Warfare
AEW - Amckerns Explosion Wars (Half Life community)
AEW - Army Electronic Warfare
AEW - Asset Evaluation Worksheet
AEW - Association of Electrical Wholesalers (Ireland)
 Real Estate Income Fund, which is listed on the American Stock Exchange under the symbol "RIF Rif (rĭf) or Rif Atlas, range of the Atlas Mts., NE Morocco, NW Africa, curving along the Mediterranean coast from Ceuta to Melilla. Tidighin (8,056 ft/2,455 m) is the highest peak.," announced today three monthly dividends of $0.115 per common share for the months of April, May, and June payable on April 28, 2006, May 26, 2006, and June 30, 2006, respectively, to shareholders of record on April 18, 2006, May 15, 2006, and June 12, 2006, respectively. These amounts are in accordance with the policy that the Board of Trustees of the Fund has adopted to provide investors with a stable, monthly distribution paid out of current income, supplemented by realized capital gains and, to the extent necessary, paid-in capital
Paid-in capital
Capital received from investors in exchange for stock, but not stock from capital generated from earnings or donated. This account includes capital stock and contributions of stockholders credited to accounts other than capital stock. It would also include surplus resulting from recapitalization.
.

The AEW Real Estate Income Fund is subject to U.S. corporate tax laws. Under U.S. tax accounting rules, the amount of distributable income for each fiscal period depends on the composition of distributions made by the underlying portfolio of Real Estate Investment Trusts ("REITs") and on the aggregate gains and losses realized by the Fund during the entire year. Accordingly, the precise amount of distributable (taxable) income can only be determined after the end of the Fund's fiscal year, January 31. Distributions may be redesignated as capital gain distributions or, if in excess of taxable income, as a return of paid-in capital.

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 issued by REITs and other real estate companies. The Fund's portfolio manager is Matthew A. Troxell, CFA. 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 IXIS Asset Management US Group, L.P. AEW is a real estate investment manager, providing advisory services to investors worldwide, focusing on directly held real estate assets, real estate equity securities, real estate opportunity funds and international investment. AEW and its affiliates currently manage over $23 billion of capital which is invested in $32 billion of real estate and securities in North America and Europe. For further information, visit www.aew.com or www.ixisag.com/aew_rif/.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Apr 3, 2006
Words:400
Previous Article:PENTAX Offers Generous Lens Rebate.
Next Article:Dell Increases Warranty Coverage at No Extra Charge, Widens Availability of Dual Core Power for Computers.
Topics:



Related Articles
AEW enters joint venture. (Aldrich, Eastman and Waltch Inc. to purchase real estate assets from Resolution Trust Corp.)
Aldrich, Eastman arranges swap for pension fund. (Aldrich, Eastman and Waltch L.P. arranges transaction with Morgan Stanley and Company Inc.)
AEW enters pact with FDIC. (Aldrich, Eastman and Waltch Inc. and Secured Capital Corp. enter into regional asset liquidation agreement with FDIC)...
Report sees continued health in REIT market. (AEW Capital Management's Real Estate Investment Trusts report)
Research continued strength in U.S. property markets.
REIT report sees disconnect' in capital markets.
Home Properties completes stock sale.(sells Series C Cumulative Convertible Preferred Stock)(Brief Article)(Statistical Data Included)
AEW Fund closes at $342m.(Brief Article)
AEW beefs up Asian hub.(FINANCE)
AEW raises $650m for North American buying spree.

Terms of use | Copyright © 2008 Farlex, Inc. | Feedback | For webmasters | Submit articles