Managed High Yield Plus Fund Inc. – Dividend Declaration and Updated Price and Yield Information
November 10 2014 - 4:05PM
Business Wire
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 $0.0135 per share. The dividend is payable on
November 28, 2014 to shareholders of record as of November 20,
2014. The ex-dividend date is November 18, 2014.
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 October 31,
2014*
Net Asset Value per share $ 2.25 Market
Price per share $ 2.00 NAV Yield 7.20 %
Market Yield 8.10 % * 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.
Any performance information reflects the deduction of the Fund’s
fees and expenses, as indicated in its shareholder reports, such as
management fees, custody fees, exchange listing fees, etc. It does
not reflect any transaction charges that a shareholder may incur
when (s)he buys or sells shares (e.g., a shareholder’s brokerage
commissions).
Investing in the Fund entails specific risks, such as
interest rate risk, the greater credit risks inherent
in investing primarily in lower-rated, higher-yielding bonds
as well as the increased risk of using leverage
(that is, borrowing money to invest in additional
portfolio securities). Further detailed information
regarding the Fund, including a discussion of principal 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.
©UBS 2014. All rights reserved.
The key symbol and UBS are among the registered and unregistered
trademarks of UBS.
UBS Global Asset ManagementClosed-End Funds Desk:
888-793-8637ubs.com
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