All-American Term Trust Inc.--Distribution Declaration and Portfolio Statistics.Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 11, 2002 All-American all-A·mer·i·can adj. 1. Representative of the people of the United States or their ideals; typically American: an all-American family; their all-American generosity. 2. 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 closed-end adj. Issuing a fixed number of shares that can be traded publicly but are not redeemable by the issuer: a closed-end investment company. 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 de·clare v. de·clared, de·clar·ing, de·clares v.tr. 1. To make known formally or officially. See Synonyms at announce. 2. To state emphatically or authoritatively; affirm. 3. a dividend from net investment income of $0.0400 per share. The dividend is payable on February February: see month. 28, 2002 to shareholders of record as of February 21, 2002. The ex-dividend date Ex-dividend date The first day of trading when the buyer of a stock is no longer entitled to the most recently announced dividend payment ( i.e. the trade will settle the day after the record date, too late for the buyer to appear on the shareholder record and receive the dividend. is February 19, 2002. Based on the Fund's net asset value of $12.33 per share as of January January: see month. 31, 2002, the time remaining until the Fund's termination on or about January 31, 2003, and assuming the continuation of current market conditions, Brinson Brinson can refer to: People
Portfolio Statistics (% of total portfolio) as of January 31, 2002:
Composition
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Corporates 71.6 %
U.S. Mortgage-Backed Securities 11.5
Asset-Backed 7.9
Non Investment Grade 6.9
Cash & Equivalents 1.0
U.S. Agencies 1.0
Equities 0.1
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Total 100.0 %
Top Five Sectors
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Finance/Banking 28.1 %
Energy/Utilities 13.4
U.S. Mortgage-Backed Securities 11.5
Cable/Media 11.0
Asset-Backed 7.9
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Total 71.9 %
Yields+
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Market Yield 3.93 %
NAV Yield 3.89 %
IPO Yield 3.20 %
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Credit Quality
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Treasury/Agency 12.5 %
AAA 11.3
AA 1.9
A 25.4
BBB 41.9
BB 4.1
B 2.8
Non-rated 0.1
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Total 100.0 %
Characteristics
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Weighted Avg. Maturity 1.3 yrs
Effective Duration* 0.8 yrs
Weighted Avg. Coupon 6.9 %
Market Price $12.20
Net Asset Value $12.33
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+ Market yield is calculated by multiplying the current month's
distribution by 12 and dividing by the month-end market price. NAV
yield is calculated by multiplying the current month's
distribution by 12 and dividing by the month-end net asset value.
IPO yield is calculated by multiplying the current month's
distribution 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.
* Provided by Wellington Management Company, LLP.
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