Fort Dearborn Income Securities, Inc. (NYSE:FDI) announced today that the Board of Directors of the Fund approved terminating the Automatic Dividend Investment Plan effective for distributions payable to shareholders of record on any date more than 30 days from today. Should the Fund need to make any future distributions prior to the anticipated Fund Reorganization that is being submitted to shareholders for approval at the upcoming Special Meeting of Shareholders on April 18, 2016, distributions will be made in cash.

Fort Dearborn Income Securities, Inc. is a closed-end bond fund investing principally in investment-grade long-term fixed income debt securities. The primary objective of Fort Dearborn is to provide its shareholders with:

  • a stable stream of current income consistent with external interest rate conditions, and;
  • a total return over time that is above what they could receive by investing individually in the investment grade and long-term maturity sectors of the bond market.

Investing in the Fund entails specific risks, such as interest rate, credit and US government securities risks as well as derivatives risk. Further detailed information regarding the Fund, including a discussion of investment objectives, principal investment strategies and principal risks, may be found in the fund overview located at http://www.ubs.com/closedendfundsinfo. You may also request copies of the fund overview by calling the Closed-End Funds Desk at 888-793 8637.

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