All-American Term Trust Inc.NEW YORK--(BUSINESS WIRE)--July 12, 1995--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 to provide 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 restates that it declared a dividend from net investment income of $0.09 on July July: see month. 10, 1995, payable on July 28, 1995 to shareholders of record as of July 20, 1995, with an 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. of July 18, 1995. The Fund also reiterates its investment philosophy and strategy going forward. The Fund's recent strategy has been to upgrade the overall quality of its investments relative to the high yield portion of the Fund. Additionally, the Fund is allocating some of its cash position into investment grade bonds. This strategy of investing in higher quality bonds has led to a slight adjustment in yield. The ability to pay consistent income, coupled with the ability to reach the target term price of $15.00 per share, continues to be the main objective in the overall management of the Fund. CONTACT: All-American Term Trust Linda Buckley, 201/902-5450 |
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