Nations Balanced Target Maturity Fund, Inc. Dividend Declaration.Business Editors CHARLOTTE, N.C.--(BUSINESS WIRE)--June 7, 2002 The Board of Directors of Nations Balanced Target Maturity Fund, Inc. (NYSE NYSE See: New York Stock Exchange : NBM NBM National Building Museum NBM National Bank of Moldova NBM Nantier, Beall, Minoustchine (publisher) NBM Nil by Mouth NBM New Beginnings Movement NBM National Bank of Malawi NBM Norwegian Black Metal ) declared an ordinary income dividend of $0.110 per share, representing earnings for the quarter ending June 30, 2002. The dividend is payable on June 27, 2002 to shareholders of record on June 21, 2002. Nations Balanced Target Maturity Fund, Inc. (the "Company") is a diversified, closed-end management investment company. The Company's investment objective is to provide a return of investment on or about December 30, 2004 (the "Maturity Date") to investors who purchased shares in the Company's initial public offering of the Company and who reinvests all dividends and hold their shares to the Maturity Date, and to provide long-term growth of capital, with income a secondary objective. The Company will seek to achieve its investment objectives by investing a portion of its assets in "zero coupon" U.S. Treasury U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. obligations and the balance of its assets primarily in common stocks. The Company's investment adviser is Banc of America Advisors, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control based in Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. . To obtain additional information please contact a representative at (800) 321-7854. |
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