The Cutwater Select Income Fund Declares Quarterly Dividend, Payable on August 25, 2015; Announces Management Changes
June 17, 2015 at 06:04 pm EDT
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The Cutwater Select Income Fund declared a dividend of $0.25 on June 17, 2015, payable on August 25, 2015, to shareholders of record at the close of business on July 24, 2015, with an ex-dividend date of July 22, 2015.
Effective June 17, 2015, the fund also announced the election of Thomas Stabile as the Vice President, Treasurer, and Chief Financial Officer of the fund, replacing Joseph Sevely in such capacities. Mr. Stabile had acted as the fund's Assistant Treasurer since 2010, and has been employed by the fund's investment adviser since May 2005.
Insight Select Income Fund (the Fund) is a diversified closed-end, management investment company. The Fundâs investment objective is to seek a high rate of return, primarily from interest income and trading activity, from a portfolio principally consisting of debt securities. Under normal market conditions, the Fund invests at least 80% of its managed assets in debt securities. Managed assets include net assets, plus the proceeds from borrowings, and the issuance of senior securities for investment purposes. The Fund invests approximately 75% of its managed assets in various types of non-convertible debt securities (including bonds and debentures), such as debt securities (with or without attached warrants), short-term debt securities (debentures), obligations of the United States Government, its agencies or instrumentalities, and bank debt securities (with or without attached warrants). The Fund's investment adviser is Insight North America LLC.
INSIGHT SELECT INCOME FUND 
