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VOYAGEUR MINNESOTA MUNICIPAL INCOME FUND OF MINNEAPOLIS BRINGS INITIAL PUBLIC OFFERING TO THE AMERICAN STOCK EXCHANGE

 VOYAGEUR MINNESOTA MUNICIPAL INCOME FUND OF MINNEAPOLIS
 BRINGS INITIAL PUBLIC OFFERING TO THE AMERICAN STOCK EXCHANGE
 NEW YORK, April 24 /PRNewswire/ -- The American Stock Exchange announced today that Voyageur Minnesota Municipal Fund, Inc. began trading its common stock today. Trading under ticker symbol VMN, the stock opened on a quote of 15 (bid) to 15 1/8 (ask).
 Voyageur Minnesota Municipal Income Fund, Inc. is a newly organized, closed-end, non-diversified management investment company. The fund's objective is to provide current income exempt from both regular income tax and Minnesota state personal income tax. Under an investment advisers agreement, Voyageur Fund Managers ("the Adviser") act as investment adviser to the fund. The Adviser is a general partnership that is 50 percent owned by each of Voyageur Asset Management Group, Inc. and Marquette Fund Advisors, Inc.
 The American Stock Exchange is the second largest securities exchange in the United States and the largest American exchange with significant markets in both equities and derivative products. It is an international institution on the cutting edge of trading floor technology, new product development and expansion into world markets through system linkages and globally traded products.
 -0- 4/24/92
 /CONTACT: Tanya Allen of the American Stock Exchange, 212-306-1635/
 (VMN) CO: Voyageur Minnesota Municipal Fund Inc. ST: Minnesota IN: FIN SU:


TS -- NY023 -- 2342 04/24/92 10:10 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 24, 1992
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