Corporate Profile for Current Income Shares Inc., dated Nov. 6, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Nov. 6, 1998
Company Name: Current Income Shares Inc.
Address: 445 S. Figueroa St., 3rd Floor
Los Angeles, CA 90071
Main Telephone
Number: 888/465-2825
Chief Executive
Officer: Clark Gates
Portfolio
Manager: Jack Montgomery
Investor Relations
Contact: John Skidmore
Business number: 888/465-2825
Public Relations
Contact: John Skidmore
Business number: 888/465-2825
Trading Symbol/
Exchange: CUR/NYSE
Industry: Finance
Company description: Current Income Shares Inc. is a closed-end closed-end adj. Issuing a fixed number of shares that can be traded publicly but are not redeemable by the issuer: a closed-end investment company. , diversified diversified (di·verˑ·s management investment company, which is advised by HighMark This article is about the health insurance company. For other uses, see Highmark (disambiguation). Highmark is a health insurance company based in Pittsburgh, Pennsylvania, USA. Capital Management Inc. The primary investment objective of Current Income Shares is to seek a high level of current income consistent with investment in a diversified portfolio in which marketable Marketable are securities that can be easily converted into cash. Such securities will generally have highly liquid markets allowing the security to be sold at a reasonable price very quickly. debt securities of high quality will predominate. Current Income Shares began operations in March 1973. Current Income Shares paid total dividends of 85 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. in 1997, consisting of quarterly dividends per share Dividends per share Dividend paid for the past 12 months divided by the number of common shares outstanding, as reported by a company. The number of shares often is determined by a weighted average of shares outstanding over the reporting term. of 20 cents, 20.5 cents, 21.5 cents and 23 cents. The net asset value per share as of Dec. 31, 1997, was $13.401. |
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