Managed High Yield Plus Fund Inc. (the "Fund") (NYSE: HYF), a closed-end management investment company, today announced that the Fund’s Board of Directors has declared a dividend from net investment income of $0.0156 per share. The amount of this dividend more closely reflects the current earnings for the Fund. Previously, the Fund had been paying a monthly dividend of $0.0175 per share. The dividend is payable on March 30, 2012 to shareholders of record as of March 22, 2012. The ex-dividend date is March 20, 2012.

Managed High Yield Plus Fund Inc. seeks high income and, secondarily, capital appreciation, primarily through investments in lower-rated, income producing debt and related equity securities.

Characteristics as of February 29, 2012*

Net Asset Value per share       $2.16 Market Price per share $2.25 NAV Yield 8.67% Market Yield 8.32%

* Net asset value (NAV), market price and yields will fluctuate. NAV yield is calculated by multiplying the current month’s dividend by 12 and dividing by the month-end net asset value. Market yield is calculated by multiplying the current month’s dividend by 12 and dividing by the month-end market price.

Managed High Yield Plus Fund, Inc. (NYSE:HYF)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Managed High Yield Plus Fund, Inc. Charts.
Managed High Yield Plus Fund, Inc. (NYSE:HYF)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Managed High Yield Plus Fund, Inc. Charts.