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Hyperion 2005 Investment Grade Opportunity Term Trust, Inc. Dividend Declaration February 10, 1995.

NEW YORK--(BUSINESS WIRE)--Feb. 10, 1995--The Board of Directors of the Hyperion 2005 Investment Grade Opportunity Term Trust, Inc. (NYSE:HTO) today declared a monthly dividend of $0.05833 per share. The dividend is payable on February 27, 1995, to shareholders of record on February 22, 1995. This dividend represents a monthly return of 7.00% (an annualized rate) on the Trust's initial offering price of $10.00 per share. The current yield on shares of the Trust based on the NYSE closing price of $7.25 on February 9, 1995 is 9.65%, which is 207 basis points greater than the current yield on the 10-Year Treasury Note. The net asset (NAV) per share is currently $8.18.

The Hyperion 2005 Investment Grade Opportunity Term Trust, Inc. is a diversified, closed-end management investment company. The Trust's investment objectives are to provide shareholders with a high level of current income consistent with investing in securities of the highest credit quality and to return at least $10.00 per share (the Trust's initial public offering price per share) to investors on or shortly before November 30, 2005. All securities in which the Trust invests will be either (i) at the time of investment, rated in one of the four highest rating categories of a nationally recognized rating agency (e.g., between AAA and BBB by Standard & Poor's Corporation or between Aaa and Baa by Moody's Investor Service, Inc. or between AAA and BBB by Fitch Investor's Service, Inc.) or (ii) issued or guaranteed by the U.S. Government or one of its agencies or instrumentalities .

The Trust is actively managed to take advantage of relative value opportunities in various sectors of the mortgage market. The Trust is currently managed with an average duration of 6 to 8 years. Currently, the average life of the securities in the portfolio is approximately 8 years.

 Portfolio Breakdown as of February 9, 1995
 As a percentage of investments
Mortgage-Backed Securities 15.78%
Collateralized Mortgage Obligations (CMOs) 42.85%
Multi-Family and Commercial CMOs 9.67%
Subordinated CMOs 10.43%
Municipal Securities 4.63%
Asset-Backed Securities 3.87%
Treasuries 12.77%


 The Trust's investment adviser is Hyperion Capital Management,
Inc., a registered investment adviser based in New York with
approximately $4 billion in assets under management. Additional
information on the Trust's assets and performance is available by
calling Hyperion Fund Marketing at (800) HYPERION or by calling
Prudential Mutual Fund Management, Inc. (212) 214-5572.




CONTACT: Prudential Mutual Fund Management, Inc.

212/214-5572
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Publication:Business Wire
Date:Feb 10, 1995
Words:416
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