All American Term Trust Inc. -- Dividend Declaration.Business Editors NEW YORK--(BUSINESS WIRE)--Aug. 12, 2002 All-American Term Trust Inc. (NYSE NYSE See: New York Stock Exchange : AAT Alpha-1-antitrypsin (AAT) A blood component that breaks down infection-fighting enzymes such as elastase. Mentioned in: Chronic Obstructive Lung Disease ), a closed-end management investment company with an investment objective of providing a high level of current income, consistent with the preservation of capital Preservation of Capital An investment strategy whose primary goal is to prevent the loss of an investment's total value. Notes: For investors using the capital preservation strategy to achieve their goal, they must ensure their portfolio is producing a return that is at , today announced that the Trust's Board of Directors has declared a dividend from net investment income of $0.025 per share. The dividend is payable on August 30, 2002 to shareholders of record as of August 22, 2002. The ex-dividend date is August 20, 2002. Based on the Trust's net asset value of $12.20 per share as of July 31, 2002, the time remaining until the Trust's termination on or about January 31, 2003, and assuming the continuation of current market conditions, UBS Global Asset Management UBS Global Asset Management was the multinational investment unit of UBS AG, a very large multinational financial firm formed in 1998 from the merger of Union Bank of Switzerland and the Swiss Bank Corporation. believes that it is unlikely that the Trust will be able to return the full amount of its $15 initial offering price to shareholders upon its termination. |
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