Printer Friendly

CLOSED-END FUNDS MANAGED BY PIPER CAPITAL MANAGEMENT DECLARE MONTHLY DIVIDENDS

 MINNEAPOLIS, Aug. 27 /PRNewswire/ -- The following funds are declaring their September dividends. These dividend amounts are distributed on a per-share basis on the common stock. These dividends have a Sept. 1, 1993, ex-dividend date and will be paid on Sept. 22, 1993, to shareholders of record on Sept. 8, 1993.
 FUND NYSE/AMEX September August
 Symbol Dividend Dividend
 American Adjustable Rate Term
 Trust Inc. -- 1995 ADJ $0.0400 $0.0400
 American Adjustable Rate Term
 Trust Inc. -- 1996 BDJ 0.0463 0.0463
 American Adjustable Rate Term
 Trust Inc. -- 1997 CDJ 0.0500 0.0500
 American Adjustable Rate Term
 Trust Inc. -- 1998 DDJ 0.0520 0.0520
 American Adjustable Rate Term
 Trust Inc. -- 1999 EDJ 0.0520 0.0520
 American Government Income Fund Inc. AGF 0.0640 0.0640
 American Government Income Portfolio Inc. AAF 0.0800 0.0800
 American Government Term Trust Inc. AGT 0.0710 0.0710
 American Municipal Income Portfolio XAA 0.0725 0.0725
 American Municipal Term Trust Inc. AXT 0.0542 0.0542
 American Municipal Term Trust Inc. -- II BXT 0.0517 0.0517
 American Municipal Term Trust Inc. -- III CXT 0.0475 0.0475
 American Opportunity Income Fund Inc. OIF 0.0833 0.0833
 American Strategic Income Portfolio Inc. ASP 0.1125 0.1125
 American Strategic Income Portfolio
 Inc. -- II BSP 0.1125 0.1125
 American Strategic Income Portfolio
 Inc. -- III CSP 0.10625 0.10625
 Minnesota Municipal Income Portfolio MXA 0.069375 0.069375
 Minnesota Municipal Term Trust Inc. MNA 0.0509 0.0509
 Minnesota Municipal Term Trust Inc. -- II MNB 0.0492 0.0492
 These funds are managed by Piper Capital Management Incorporated. Piper Capital, a money management firm based in Minneapolis, has more than $11 billion under management and is an independent, wholly owned subsidiary of Piper Jaffray Companies Inc., an investment firm founded in 1895.
 -0- 8/27/93
 /NOTE: Many of the closed-end funds have similar names. To avoid confusion, please use the full name including the year to Roman numeral when referencing this press release/
 /CONTACT: Kimberly Kaul, 612-342-6384, or Chelle Gonzo, 612-342-1122, both of Piper Capital Management/


CO: Piper Capital Management Incorporated, Piper Jaffray Companies Inc. ST: Minnesota IN: FIN SU: DIV

KH-AL -- MN011 -- 6726 08/27/93 15:52 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 27, 1993
Words:373
Previous Article:THE NWNL COMPANIES ANNOUNCES SALE OF $120 MILLION OF NOTES
Next Article:MONEY SMALL INVESTOR INDEX: SMALL INVESTORS TURN SOUR ON GOLD

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters