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Article: First Trust Strategic High Income Fund Declares Special Distribution of $0.23 Per Share.
- Article from:
- Business Wire
- Article date:
- December 9, 2005
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LISLE, Ill. -- First Trust Strategic High Income Fund (the "Fund") (NYSE:FHI) today declared a special distribution, payable on December 30, 2005 to shareholders of record as of December 21, 2005. The ex-dividend date is expected to be December 19, 2005.
The Fund is a closed-end management investment company that seeks to provide a high level of current income. As a secondary objective, the Fund seeks to provide capital growth. The Fund pursues these investment objectives by investing at least 80% of its managed assets in a diversified portfolio of high income producing securities that the sub-adviser believes offer attractive yield and capital appreciation ...