Calamos Investments announced today the declaration of monthly distributions on each common share for its five closed-end funds.


Fund

Distribution (Level Rate)

Payable date

Record date

Ex-dividend date

CHI (inception 06/26/2002)
Calamos Convertible Opportunities and Income Fund

$0.0950

03/16/10

03/11/10

03/09/10

CHY (inception 05/28/2003)

Calamos Convertible and High Income Fund

$0.0850

03/16/10

03/11/10

03/09/10

CSQ (inception 03/26/2004)

Calamos Strategic Total Return Fund

$0.0525

03/16/10

03/11/10

03/09/10

CGO (inception 10/27/2005)

Calamos Global Total Return Fund

$0.1000

03/16/10

03/11/10

03/09/10

CHW (inception 06/27/2007)

Calamos Global Dynamic Income Fund

$0.0500

03/16/10

03/11/10

03/09/10



Additional information about Calamos closed-end funds can be found on our website at:

www.calamos.com/CHI, www.calamos.com/CHY, www.calamos.com/CSQ, www.calamos.com/CGO and www.calamos.com/CHW.

Monthly distributions offer shareholders the opportunity to accumulate more shares in a fund via the automatic dividend reinvestment plan. For example, if a fund's shares are trading at a premium, distributions will be automatically reinvested through the plan at NAV or 95% of the market price, whichever is greater; if shares are trading at a discount, distributions will be reinvested at the market price through an open market purchase program. Thus, the plan offers current shareholders an efficient method of accumulating additional shares with a potential for cost savings. Please see the dividend reinvestment plan for more information.

The Calamos closed-end funds employ a level rate distribution policy, paying monthly distributions at the stated rates. Distributions paid may include net investment income, net realized short-term capital gains and, if necessary, return of capital. In addition, distributions may include net realized long-term capital gains as permitted by the Investment Company Act of 1940. There is no guarantee that the funds will realize capital gains in any given year. Distributions are subject to re-characterization for tax purposes after the end of the fiscal year. All shareholders with taxable accounts will receive written notification regarding the components and tax treatment for distributions via Form 1099-DIV. Distributions from the funds are generally subject to Federal income taxes. For purposes of maintaining the level rate distribution policy, the funds may realize short-term capital gains on securities that, if sold at a later date, would have resulted in long-term capital gains. Maintenance of a level rate distribution policy may increase transaction and tax costs associated with the funds. Please see www.calamos.com/taxcenter.aspx for more information.

Important Notes About Performance and Risk

Past performance is no guarantee of future results. As with other investments, market price will fluctuate with the market and upon sale, your shares may have a market price that is above or below net asset value and may be worth more or less than your original investment.

About Calamos

Calamos Investments is a globally diversified investment firm offering equity, fixed-income, convertible and alternative investment strategies, among others. The firm serves institutions and individuals around the world via separately managed accounts and a family of open-end and closed- end funds, providing a risk-managed approach to capital appreciation and income-producing strategies. For more information, visit www.calamos.com.

SOURCE Calamos Investments

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Based on February performance for the LAB Liquid Indices, Long/Short Equity and Global Macro hedge funds posted positive February returns, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20091204/CSLOGO )

Dr. Drachman noted, "The LAB Long/Short Liquid Index was up 1.01% with gains coming primarily from long positions in the industrial and consumer sectors. Despite February gains, Long/Short Equity funds are down 0.46% year-to-date as a result of increased global equity market volatility. Moreover, the Credit Suisse Global Macro Liquid Index ("LAB Global Macro Liquid Index") finished the month up 1.14% as many managers benefited from long commodity positions in February. The Global Macro sector is estimated to be up 2.33% year-to-date."

About Liquid Alternative Beta ("LAB") Indices

LAB (formerly known as Alternative Index Replication or "AIR") is a series of indices that seek to replicate the aggregate return profiles of alternative investment strategies using liquid, tradable instruments. The LAB umbrella currently includes the Long/Short Liquid Index and the Global Macro Liquid Index which enable investors to gain liquid, transparent insight into the Global Macro and Long/Short Equity sectors of the Credit Suisse/Tremont Hedge Fund Index.

Performance for the LAB Global Macro and Long/Short Liquid Indices (shown below) is calculated daily. Performance, descriptions, statistics and downloadable price history can be found on the Credit Suisse Alternative Beta website, www.credit-suisse.com/alternativebeta or on Bloomberg at < ILAB >.  

    
    
    
                                             Feb-10     Jan-10    YTD 2010
                                             ------     ------    --------
    LAB Long/Short Liquid Index               1.01%     -1.46%      -0.46%
    ---------------------------               -----     ------     -------
    Credit Suisse/Tremont Long/Short Equity
     Hedge Fund Index                          N/A*     -1.50%       N/A*
    ---------------------------------------   -----     ------     -------
    LAB Global Macro Liquid Index             1.14%      1.18%      2.33%
    -----------------------------             -----     ------     -------
    Credit Suisse/Tremont Global Macro 
     Hedge Fund Index                          N/A*      1.07%       N/A*
    ----------------------------------------  -----     ------     -------
    S&P 500 TRI Index**                       3.10%     -3.60%      -0.61%
    -------------------                       -----     ------     -------
    Dow Jones World Index**                   1.13%     -4.21%      -3.13%
    -----------------------                   -----     ------     -------
    
    *   February performance will be published March 15th on Bloomberg and 
        online at www.hedgeindex.com
    
    **  Total Return Indices
    

Additional features of the LAB Long/Short and Global Macro Liquid Indices include:

  • LAB Indices seek to capture the risk/return characteristics of specific hedge fund sectors
  • Indices are valued daily and are comprised of liquid, investable market factors that are selected and weighted using an objective and transparent rules-based methodology
  • An algorithm determines the appropriate factors and weightings employed in seeking to replicate the returns of specific hedge fund strategies
  • Transparency via website (www.credit-suisse.com/alternativebeta) and pages on Bloomberg < ILAB >

Credit Suisse Alternative Capital, Inc. is a subsidiary of Credit Suisse and is headquartered at 11 Madison Avenue, New York, NY 10010-3629.

Credit Suisse AG

Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse offers clients its combined expertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 47,400 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

Asset Management

In its Asset Management business, Credit Suisse offers products across a broad spectrum of investment classes, including alternative investments such as private equity, hedge funds, real estate and credit, as well as multi-asset class solutions, which include equities and fixed income products. Credit Suisse's Asset Management business manages portfolios, mutual funds and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 19 countries, Credit Suisse's Asset Management business is operated as a globally integrated network to deliver the bank's best investment ideas and capabilities to clients around the world.

All businesses of Credit Suisse are subject to distinct regulatory requirements; certain products and services may not be available in all jurisdictions or to all client types.

Certain information contained in this document constitutes "Forward-Looking Statements" (including observations about markets and industry and regulatory trends as of the original date of this document), which can be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "anticipate", "target", "project", "estimate", "intend", "continue" or "believe", or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties beyond our control, actual events, results or performance may differ materially from those reflected or contemplated in such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Credit Suisse has no obligation to update any of the forward-looking statements in this document.

This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change without notice or any obligation to update. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not a guide to future performance. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof. No part of this material may be reproduced or retransmitted in any manner without the prior written permission of Credit Suisse.

SOURCE Credit Suisse AG

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Eaton Vance New York Municipal Bond Fund II (NYSE Amex: NYH) (the "Fund"), a closed-end management investment company, today announced the earnings of the Fund for the three months ended December 31, 2009. The Fund's fiscal year ends on September 30, 2010.

For the three months ended December 31, 2009, the Fund had net investment income of $553,891 ($0.216 per common share).  From this amount, the Fund paid dividends on preferred shares of $14,471 (equal to $0.006 for each common share), resulting in net investment income after the preferred dividends of $539,420, or $0.210 per common share. In comparison, for the three months ended December 31, 2008, the Fund had net investment income of $538,696 ($0.211 per common share).  From this amount, the Fund paid dividends on preferred shares of $105,361 (equal to $0.041 for each common share), resulting in net investment income after the preferred dividends of $433,335, or $0.170 per common share.

Net realized and unrealized losses for the three months ended December 31, 2009 were $1,921,094 ($0.751 per common share). In comparison, net realized and unrealized losses for the three months ended December 31, 2008 were $5,231,781 ($2.047 per common share).

On December 31, 2009, net assets of the Fund applicable to common shares were $32,914,981.  The net asset value per common share on December 31, 2009 was $12.86 based on 2,558,881 common shares outstanding.  In comparison, on December 31, 2008, net assets of the Fund applicable to common shares were $24,208,549.  The net asset value per common share on December 31, 2008 was $9.47 based on 2,555,954 common shares outstanding.

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $161.6 billion in assets as of January 31, 2010 offering individuals and institutions a broad array of investment products and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

* Effective February 1, 2010, the name of the Fund was changed from Eaton Vance Insured New York Municipal Bond Fund II.

    
    
    
    
                   EATON VANCE NEW YORK MUNICIPAL BOND FUND II*              
                         SUMMARY OF RESULTS OF OPERATIONS                    
                     (in thousands, except per share amounts)                
                                                                             
                                      Three Months Ended  Three Months Ended 
                                         December 31,        December 31,    
                                         ------------        ------------    
                                              2009                2008 
                                              ----                ---- 
    Net investment income                     $554                $539 
    Net realized and unrealized gains
     (losses) on investments                (1,921)             (5,232)
    Preferred dividends paid from                                            
     net investment income                     (14)               (105)
                                               ---                ---- 
      Net increase (decrease) in net
       assets from operations               $(1,381)            $(4,798)
                                            =======             ======= 
                                                                             
    Earnings per Common Share                                                
     Outstanding                                                             
    -------------------------                                                
    Net investment income                    $0.216              $0.211 
    Net realized and unrealized gains
     (losses) on investments                 (0.751)             (2.047)
    Preferred dividends paid from                                        
     net investment income                   (0.006)             (0.041)
                                             ------              ------ 
      Net increase (decrease) in net
       assets from operations               $(0.541)            $(1.877)
                                            =======             ======= 
                                                                             
    Net investment income                    $0.216              $0.211 
    Preferred dividends paid from                                       
     net investment income                   (0.006)             (0.041)
                                             ------              ------ 
    Net investment income after                                              
     preferred dividends                     $0.210              $0.170 
                                             ======              ====== 
                                                                             
    Net Asset Value at December 31                                           
     (Common Shares)                                                         
    ------------------------------                                        
      Net assets                            $32,915             $24,209 
      Shares outstanding                      2,559               2,556 
      Net asset value per share                                              
       outstanding                           $12.86               $9.47 
                                                                             
    Market Value Summary                                                     
     (Common Shares)                                                          
    ---------------------                                                    
      Market price on NYSE Amex at                                           
       December 31                           $12.91               $8.85 
      High market price (period ended                                        
       December 31)                          $14.24              $10.88 
      Low market price (period ended                                       
       December 31)                          $12.91               $7.50 
    
    
    * Effective February 1, 2010, the name of the Fund was changed from 
      Eaton Vance Insured New York Municipal Bond Fund II. 
    

SOURCE Eaton Vance Management

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ING Funds Distributor, LLC today announced that monthly portfolio data as of January 31, 2010 is now available for the following closed-end management funds: ING Asia Pacific High Dividend Equity Income Fund (NYSE: IAE), ING Global Advantage and Premium Opportunity Fund (NYSE: IGA), ING Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD), ING International High Dividend Equity Income Fund (NYSE: IID), ING Risk Managed Natural Resources Fund (NYSE: IRR) and ING Prime Rate Trust ( PPR).

The information will be posted to ING Funds website, which can be accessed at: http://www.ingfunds.com/investor/content/closed_end/default.aspx

Updated portfolio data can be found in the closed-end section of the ING Fund's website under the literature tab of the respective fund.

ING Investments, LLC, the manager of the Fund, is part of ING, a global financial institution of Dutch origin offering banking, insurance and asset management to over 75 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of over 120,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

For more complete information, or to obtain a prospectus on any ING fund, please call your Investment Professional or ING Funds Distributor, LLC at (800) 992-0180 or log on to www.ingfunds.com. The prospectus should be read carefully before investing. Consider the fund's investment objectives, risks, and charges and expenses carefully before investing. The prospectus contains this information and other information about the fund.

SOURCE ING Funds Distributor, LLC

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http://www.ingfunds.com

Aberdeen Global Income Fund, Inc. (the "Fund") (NYSE Amex: FCO), a closed-end bond fund, announced today its performance data and portfolio composition as of January 31, 2010.

The Fund's total returns for various periods through January 31, 2010 are provided below.  (All figures are based on distributions reinvested at the dividend reinvestment price, and are stated net-of-fees):

    
    
                        NAV Total Return %    Market Price Total Return %
                        ------------------    ---------------------------
    Period            Cumulative  Annualized    Cumulative  Annualized
    ------            ----------  ----------    ----------  ----------
    Since Inception     285.5         7.8         265.9         7.5
     (March 1992)
    10-years            124.8         8.4         187.9        11.2
    5-years              28.4         5.1          32.0         5.7
    3-years              20.7         6.5          24.0         7.4
    1-year                      37.0                     48.0

The Fund's returns, which are denominated in U.S. dollars, are affected by the performance of the U.S. dollar against the various currencies listed below.

As of January 31, 2010, the portfolio was invested as follows:

    
    
                     Currency Exposure %*    Geographic Exposure %
                     ----------------------  ---------------------
    Australia                21.4                  21.5
    United Kingdom            0.8                  10.2
    Canada                   14.8                  14.8
    New Zealand              15.2                  20.2
    
    United States **         42.0                   0.9
    
    Europe (ex UK)            1.8                   7.9
    Asia                      0.7                   7.8
    Emerging Markets          3.3                  16.7
    
    *  Currency allocations include impact of all foreign forward currency
       exchange contracts.   
    ** Of which 25.3% is invested in US$ denominated bonds issued by foreign
       issuers.

As of January 31, 2010, the top ten holdings of the portfolio based on total assets were as follows:

    
    
    Holding                                         Coupon / Maturity      (%)
    -------                                         -----------------      ---
    United Kingdom GILT                              4.25%, 12/07/49       8.3
    New Zealand Government                           6.00%, 12/15/17       3.1
    Canadian Government                             10.25%, 03/15/14       2.7
    Western Australia Treasury Corporation           8.00%, 06/15/13       2.5
    Canadian Government                              9.00%, 06/01/25       2.2
    Quebec Hydro                                    9.625%, 07/15/22       2.1
    Canadian Government                              8.00%, 06/01/23       2.0
    Western Australia Treasury Corporation           8.00%, 07/15/17       1.9
    New Brunswick                                    7.75%, 01/13/14       1.6
    Total Capital                                    6.50%, 07/20/12       1.6
    TOTAL                                                                 28.0

As of January 31, 2010 the holdings of the portfolio represented approximately 56.6% sovereign and state government securities, 3.1% supranationals, 38.8% corporates and 1.5% cash.  

As of January 31, 2010, the Fund's net assets, including US$30 million in bank borrowing, amounted to US$134.7 million with a net asset value per share of common stock of US$11.60.

As of January 31, 2010, 67.7% of the portfolio was invested in securities where either the issue or the issuer was rated "A" or better, or judged by the Investment Manager to be of equivalent quality.  The credit quality and maturity breakdown of the portfolio was as follows:

    
    
                           Credit Quality (%)
                           ------------------
     AAA/Aaa    AA/Aa     A     BBB/Baa    BB/Ba     B     CCC
     -------    -----    ---    -------    -----    ---    ---
      40.5      14.0    13.2     12.9      15.1     4.1    0.2

As of January 31, 2010, the average credit quality of the portfolio was A+.

    
    
                       Maturity (%)
                       ------------
    <3 Years    3-5 Years    5-10 Years    >10 Years
    --------    ---------    ----------    ---------
      27.4        19.9         30.3          22.4

As of January 31, 2010, the average maturity of the portfolio was 9.4 years.

A revolving credit loan facility, in the amount of $30,000,000, was entered into on March 7, 2008 with the Bank of Nova Scotia, in order to fund the redemption of the Fund's Auction Market Preferred Stock ("AMPS") that took place in March 2008.  The leverage is used with the intent of enhancing returns by borrowing at interest rates that are lower than the relatively higher yields of the emerging market fixed income securities in which the Fund invests.  The Fund has entered into interest rate swap agreements in order to fix the interest payable on an aggregate notional amount of $21 million, which represents 70% of the bank loan facility.  Details regarding the revolving credit loan facility and the interest rate swap agreements are contained in the Fund's annual and semi-annual reports to shareholders.  

Important Information

Aberdeen Asset Management Inc., the Fund's Administrator, has prepared this report based on information sources believed to be accurate and reliable.  However, the figures are unaudited and neither the Fund, the Administrator, Aberdeen Asset Management Asia Limited (the Investment Manager), Aberdeen Asset Management Limited (the Investment Adviser), Aberdeen Asset Management Investment Services Limited (the Sub-Adviser), nor any other person guarantees their accuracy.  Investors should seek their own professional advice and should consider the investment objectives, risks, charges and expenses before acting on this information.  Aberdeen is a U.S. registered service mark of Aberdeen Asset Management PLC.

Total return figures with distributions reinvested at the dividend reinvestment price are stated net-of-fees and represents past performance.  Past performance is not indicative of future results, current performance may be higher or lower.  Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown.  Inception date March 12, 1992.

If you wish to receive this information electronically, please contact InvestorRelations@aberdeen-asset.com

SOURCE Aberdeen Global Income Fund, Inc.

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