Seligman Select Municipal Fund, Inc. Announces Dividend Information
01 3월 2006 - 6:42AM
Business Wire
Seligman Select Municipal Fund, Inc. (NYSE: SEL) announced that it
currently estimates that 3.4% of the monthly distributions paid to
common stockholders in 2006 will be in excess of the Fund's net
investment income (i.e., a return of capital), but under applicable
federal law, will be taxable as ordinary income. The remaining
amount will be treated as "exempt interest" dividends for federal
income tax purposes. The actual portion of the distributions that
will be taxable will be provided to stockholders with their
year-end tax statements. Seligman Select Municipal Fund, Inc. is
managed by J. & W. Seligman & Co. Incorporated, a New
York-based investment manager and advisor, which was founded in
1864. You should consider the investment objectives, risks,
charges, and expenses of a Fund carefully before investing. You can
obtain information about a Fund (including its investment
objectives, risks, charges, expenses, and other information) by
contacting your financial advisor or Seligman Services, Inc. at
800-597-6068.
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