Fort Dearborn Income Securities, Inc. held its annual shareholder meeting on Friday December 7, 2012 at which the shareholders elected five directors.
All five incumbent directors were re-elected for one-year terms as follows:
|Frank K. Reilly||7,461,933||266,317|
|Edward M. Roob||7,450,724||275,426|
|Abbie J. Smith||7,420,216||308,034|
|J. Mikesell Thomas||7,414,808||313,442|
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.