RMK Multi-Sector High Income Fund Announces Three Monthly Distributions of $0.14 Per Share.MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn. -- The Board of Directors of RMK RMK Remark (Weather METAR) RMK Rocky Mountain King (Polaris Snowmobiles) RMK Remarks RMK Resource Manager Kernel Multi-Sector High Income Fund, Inc. (NYSE NYSE See: New York Stock Exchange : RHY RHY Relative Humidity ) has declared three monthly distributions of $0.14 per share. Monthly distributions will be payable on September 19, 2007, October 19, 2007 and November 21, 2007 to stockholders of record on September 12, October 11 and November 15, respectively. Ex-dates are September 10, October 9 and November 13. RMK Multi-Sector High Income Fund, Inc. is a diversified, closed-end investment company closed-end investment company: see mutual fund. seeking a high level of current income with capital appreciation as a secondary investment objective. About Morgan Asset Management: Morgan Asset Management, Inc. is the investment advisory arm of Regions Financial Corporation (NYSE: RF). Morgan Asset Management is the investment advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and to Regions Morgan Keegan Trust, Regions Morgan Keegan Select Funds, Morgan Keegan Select Fund, Inc., RMK Advantage Income Fund, Inc., RMK High Income Fund, Inc., RMK Multi-Sector High Income Fund, Inc. and RMK Strategic Income Fund, Inc. With locations throughout the South, Morgan Asset Management, an affiliate of Morgan Keegan & Co. Inc., manages more than $34 billion for institutions and high net worth individuals. Additional information about Morgan Asset Management, Morgan Keegan and Regions--a member of the S&P 100 Index--can be found at www.morgankeegan.com and www.regions.com. Forward-Looking Statements Statements made in this release that look forward in time involve risks and uncertainties and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other funds, changes in government policy or regulation, inability of the Fund's investment advisor to attract or retain key employees, inability of the Fund's investment advisor to implement its investment strategy, inability of the Fund to manage unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations. For Additional Information: Additional information about RMK Multi-Sector High Income Fund, Inc., including the fund's annual and semi-annual reports to stockholders, prospectus and statement of additional information Statement of Additional Information (SAI) A document provided as a supplement to a mutual fund prospectus. It provides more detailed information about fund policies, operations, and risks. Also known as a Part B prospectus. , may be obtained by visiting the fund's website at www.rmkfunds.com or by calling 800-564-2113. |
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