All-American Term Trust Inc. Declares Distribution.NEW YORK--(BUSINESS WIRE)--Nov. 10, 1997--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 Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. has declared a dividend from net investment income of $0.0850 per share. The dividend is payable on Nov. 28, 1997 to shareholders of record as of Nov. 20, 1997. The ex-dividend date is Nov, 18, 1997. Portfolio Statistics (10/31/97) Composition (as a % of net assets) Corporates 61.92% ARMs/Mortgages 29.53 Municipals 6.83 Cash & Cash equivalents 1.72 Top Five Sectors (as a % of net assets) Cable/Media 12.63% Diversified Industrials 8.80 Finance/Banking 8.78 Municipals 6.83 Energy 4.57 Ratings (as a % of net assets) 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. 38.08% A 7.92 BBB 21.08 BB 6.78 B 20.09 Non-rated 5.15 Below B 0.90 Weighted Average Maturity 7.1 years Weighted Average Duration 3.92 years CONTACT: Linda Buckley 201/902-5450 |
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