Conseco Strategic Income Fund Changes Name.Business Editors CARMEL, Ind.--(BUSINESS WIRE)--Nov. 10, 2003 40/86 Advisors, Inc. today announced that Conseco Strategic Income Fund will be renamed 40/86 Strategic Income Fund. The name change will be effective on Friday, November 14, 2003. The Fund's CUSIP number CUSIP Number An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system. Notes: This system is used in the U.S. and Canada. will change to 349739102. The old CUSIP CUSIP See: Committee on Uniform Securities Identification Procedures CUSIP See Committee on Uniform Securities Identification Procedures. was 20847A102. The ticker symbol (NYSE NYSE See: New York Stock Exchange :CFD CFD - Computational Fluid Dynamics ) will not change. 40/86 Strategic Income Fund (formerly Conseco Strategic Income Fund) is a closed-end investment management company. The Fund's primary investment objective is to seek high current income. As discussed in the Fund's prospectus, the Fund intends to distribute substantially all of its net investment income monthly. All net realized capital gains, if any, generally will be distributed to the Fund's shareholders at least annually, although net capital gains (i.e., the excess of net long-term capital gains over net short-term capital losses) may be retained by the Fund. The investment advisor to the Fund, 40/86 Advisors, based in Carmel, Indiana, is a leading fixed-income investment advisor with more than $26.7 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . A subsidiary of Conseco, Inc. (NYSE:CNO CNO abbr. chief of naval operations ), 40/86 Advisors serves as investment advisor to Conseco's affiliated insurance companies, and for various registered and structured products (collateralized bond obligations and collateralized loan obligations). The firm also serves a wide variety of institutional clients, including Taft-Hartley plans, foundations, endowments, insurance companies, public funds, corporate pensions, religious organizations, healthcare organizations and educational institutions. Visit 40/86 Advisors at www.4086.com . Note to Editors: There is a pipe symbol in the company name between 40 and 86 Strategic Income Fund, which was replaced with a forward slash for transmission purposes only. |
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