Fund Companies Rights Offerings Managed Distributions Leveraged Funds IPOs Asset Classes CEF Advisors

My Fund Comparison
Initilizing list...

Managed High Yield Plus Fund Inc.—Updated Monthly Dividend Information
UBS Global Asset Management

NEW YORK, Aug 31, 2012 (BUSINESS WIRE) -- Managed High Yield Plus Fund Inc. (the "Fund") HYF -0.90% , a closed-end management investment company seeking high income and, secondarily, capital appreciation, primarily through investments in lower-rated, income producing debt and related equity securities, announced the declaration of a monthly dividend on August 13, 2012. Based on information available at that time, a press release issued on that date stated that the Fund estimated that the August monthly dividend may be comprised primarily of net investment income but might also include a small portion characterized as return of capital.

Given the Fund's more recent investment experience, the Fund now estimates that the August monthly dividend is comprised solely of net investment income, without a return of capital component.

From time to time, the Fund may issue a notice and/or press release containing an estimate of the source characteristics of its monthly dividends. The amounts and sources reported are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to retroactive changes based on tax regulations. The Fund sends shareholders a Form 1099-DIV (or a financial intermediary should provide an investor with similar information) for the calendar year that will tell shareholders how to report these dividends for federal income tax purposes.

Image Map


Aberdeen Closed-End TV

CEF Connect


National Association of
Publicly Traded Partnerships


Seeking Alpha CEF Articles
SySys Logo

Lipper Logo
Powered by a SySys data & content management system.

©Thomson Reuters 2011. All rights reserved. Any copying, republication or redistribution of Lipper, a Thomson Reuters company, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper, a Thomson Reuters company. Lipper, a Thomson Reuters company shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.