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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (29111)10/13/2002 11:09:35 AM
From: arnold silver  Read Replies (1) of 29382
 
Hi Ken,
I own shares in this mutual fund, how will this news affect me? Return of capital.

NEW YORK, Oct. 7 /PRNewswire-FirstCall/ -- Scudder High Income Trust (NYSE:KHI) declared a monthly dividend of $0.053 per share, payable on October 31, 2002 to shareholders of record on October 17, 2002. The Ex-date is October 15, 2002. The Fund will likely report a return of capital for the year, although such determination cannot be made until the fiscal year-end of the Fund. The previous monthly dividend was $0.053 per share. The Fund's initial offering was April 21, 1988.
Thanks ,
Arnie
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