All-American Term Trust Inc.-Distribution Declaration.Business Editors NEW YORK--(BUSINESS WIRE)--Sept. 10, 2001 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 $0.0500 per share. The dividend is payable on September 28, 2001 to shareholders of record as of September 20, 2001. 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 September 18, 2001. Based on the Fund's net asset value of $12.58 per share as of August 31, 2001, the time remaining until the Fund's termination on or about January 31, 2003, and assuming the continuation of current market conditions, Brinson Advisors believes that it is unlikely that the Fund will be able to return the full amount of its $15 initial offering price to shareholders upon its termination. |
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