All American Term trust-Update.NEW YORK--(BUSINESS WIRE)--Jan. 12, 1996--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 ) is 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 . As described in the prospectus, the Trust will terminate on or about January 31, 2003 and will liquidate all of its assets and distribute the net proceeds to shareholders. While the portfolio is being managed in an effort to return the initial offering price of $15.00 per share, this is not guaranteed. Portfolio Statistics December 29, 1995 Composition (as a % of net assets) Corporates 66.6% ARMs 31.7 Cash & cash equivalents 1.7 Ratings AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. 38.3% A 11.4 BBB BBB A medium grade assigned to a debt obligation by a rating agency to indicate an adequate ability to pay interest and repay principal. However, adverse developments are more likely to impair this ability than would be the case for bonds rated A and above. 18.3 BB 9.4 B 21.3 CCC 0.2 NR 1.1 Top 5 Sectors Cable/Media 12.3 Banking/Finance 11.0 Diversified Industrials 10.3 Municipals 6.6 Energy 6.4 Weighted Average Maturity 8.7 Years Weighted Average Duration 4.3 Years CONTACT: Linda Buckley, 201/902-5450 |
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