All-American Term Trust Inc. -- Portfolio Statistics.Business Editors NEW YORK--(BUSINESS WIRE)--Nov. 14, 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 its portfolio statistics as of October 31, 2002. Based on the Trust's net asset value of $12.18 per share as of October 31, 2002, the time remaining until the Trust's termination on or about December 31, 2002, 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.
Portfolio Statistics (% of total portfolio) as of October 31,
2002:
Composition Credit Quality
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Corporates 41.2 % Treasury/Agency 23.1 %
U.S. Mortgage-Backed AAA 8.3
Securities 23.1 AA 4.8
Asset-Backed 4.5 A 21.1
Non-Investment Grade 6.1 BBB 13.3
Commercial Paper 23.2 BB 4.6
Cash & Equivalents 1.8 Non-rated 1.6
Equities 0.1 Commercial Paper 23.2
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Total 100.0 % Total 100.0 %
Top Five Sectors Characteristics
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Finance/ Banking 38.8 % Weighted Avg.
U.S. Mortgage-Backed Maturity 0.5 yrs
Securities 23.1 Effective
Energy/Utilities 6.9 Duration(a) 0.3 yrs
Cable/Media 4.9 Weighted Avg.
Asset-Backed 4.5 Coupon 6.4 %
--------------------------------- Market Price $12.03
Total 78.2 % Net Asset Value $12.18
IPO Price $15.00
Yields + November 2002
Dividend $0.025
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Market Yield 2.49 %
NAV Yield 2.46 %
IPO Yield 2.00 %
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+ Market yield is calculated by multiplying mul·ti·ply 1 v. mul·ti·plied, mul·ti·ply·ing, mul·ti·plies v.tr. 1. To increase the amount, number, or degree of. 2. Mathematics To perform multiplication on. the current month's dividend by 12 and dividing by the month-end market price. NAV See navigation system and navigation bar. yield is calculated by multiplying the current month's dividend by 12 and dividing by the month-end net asset value. IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. yield is calculated by multiplying the current month's dividend by 12 and dividing by the initial public offering price. Prices and yields will vary. The Fund is actively managed and its portfolio composition will vary over time. (a) Provided by Wellington Management Company Wellington Management Company is a Boston, Massachusetts based investment management firm. Founding and Early Years Wellington Management Company was incorporated in Philadelphia, Pennsylvania in 1933, five years after the creation of the Wellington Fund by Walter L. , LLP LLP - Lower Layer Protocol . |
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