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Blue Chip Value Fund Recognizes Portfolio Management Team.


Business Editors

DENVER--(BUSINESS WIRE)--Dec. 1, 2003

Denver Investment Advisors LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, the investment adviser of Blue Chip Value Fund, Inc. announces that, effective December 1, 2003, Mark Adelmann, Portfolio Manager since June 3, 2002, Troy Dayton, Kris Herrick and Derek Anguilm are recognized as the portfolio management team of Blue Chip Value Fund, Inc. The Team meets regularly to review portfolio holdings and discuss purchase and sale activity.

Mark Adelmann, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. , CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. , Vice President and Portfolio Manager/Research Analyst, joined Denver Investment Advisors LLC in 1995. He has 23 years' total investment experience.

Troy Dayton, CFA, Vice President and Portfolio Manager/Research Analyst, joined Denver Investment Advisors LLC in 2002. Prior to joining the firm, he was an Equity Research Analyst with Jurika and Voyles (since 2001) and Dresdner RCM RCM Reliability-Centered Maintenance
RCM Royal College of Music
RCM Royal Conservatory of Music
RCM Royal Canadian Mint
RCM Reliability Centered Maintenance
RCM Revenue Cycle Management
RCM Regional Climate Model
RCM Ring-Closing Metathesis
 Global Investors (since 1998). He has 7 years' total investment experience.

Kris Herrick, CFA, Vice President and Portfolio Manager/Research Analyst, joined Denver Investment Advisors LLC in 2000. Prior to joining the firm, he was an Equity Research Analyst with Jurika and Voyles (since 1997). He has 6 years' total investment experience.

Derek Anguilm, Vice President and Research Analyst, joined Denver Investment Advisors LLC in 2000. Prior to joining the firm he was with EVEREN Securities (since 1999). He has 4 years' total investment experience.

This does not represent a change in personnel, but rather an evolution of the management team supporting the Fund.

Blue Chip Value Fund, Inc. is a closed-end diversified management investment company whose objective is to seek a high level of total return through investment in a portfolio having at least 80% of its net assets Net assets

The difference between total assets on the one hand and current liabilities and noncapitalized long-term liabilities on the other hand.


net assets

See owners' equity.
 in equity securities of large companies with headquarters in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . These stocks are included in, or similar in size to those included in, the Standard & Poor's 500 Composite Stock Price Index. The Fund will normally have approximately 50 stocks within the portfolio. The Fund features a Dividend Reinvestment Reinvestment

Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash.

1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares.
 and Cash Purchase Plan. Denver Investment Advisors LLC is the Fund's investment adviser.
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Publication:Business Wire
Geographic Code:1USA
Date:Dec 1, 2003
Words:334
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