Conseco Strategic Income Fund Declares Dividend.Business Editors CARMEL, Ind.--(BUSINESS WIRE)--March 16, 2001 Conseco Strategic Income Fund (NYSE NYSE See: New York Stock Exchange :CFD CFD - Computational Fluid Dynamics ) declared a dividend of $0.0915 per share, payable April 6, 2001 to holders of record at the close of business on March 31, 2001. Conseco Strategic Income Fund is a closed-end investment Closed-End Investment When an investment company issues a fixed number of shares in an actively managed portfolio of securities. The shares are traded in the market just like common stock. Notes: Most mutual funds are open-end funds, not closed-end. 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 Fund is managed by Conseco Capital Management, Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Conseco, Inc. (NYSE:CNC (Computerized Numerical Control) See numerical control. CNC - Collaborative Networked Communication ). Headquartered in Indianapolis, Ind., Conseco is one of middle America's leading sources for insurance, investment and lending products. Through its subsidiaries and a nationwide network of distributors, Conseco helps 13 million customers step up to a better, more secure future. http://www.conseco.com |
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