Pacholder High Yield Fund Announces Monthly Distribution
July 16 2010 - 4:01PM
Business Wire
The Pacholder High Yield Fund, Inc. (NYSE Amex: PHF) declared a
regular monthly distribution of $0.060 per common share for the
month ending July 31, 2010. The distribution will be payable on
July 30, 2010 to shareholders of record on July 27, 2010. The
ex-date for the dividend is July 23, 2010.
The distribution is expected to be paid from net investment
income (regular interest). Because distribution source estimates
are updated throughout the year based on the Fund's performance and
forecast for its current fiscal year (which is the calendar year),
these estimates may differ from both the tax information reported
to you in your 1099 statement, as well as the ultimate economic
sources of distributions over the life of your investment.
The Fund is a closed-end diversified management investment
company with a leveraged capital structure. The Fund’s investment
objective is to provide a high level of total return through
current income and capital appreciation. Under normal
circumstances, the Fund invests at least 80% of the value of its
assets in high yield securities. The Fund invests primarily in
fixed income securities of domestic companies. The Fund’s common
stock is traded on the New York Stock Exchange Amex under the
symbol “PHF.”
The information presented here is not intended as a
solicitation. New investors cannot purchase shares directly from
the Fund. Shares are listed on the New York Stock Exchange Amex,
and interested investors should contact their financial advisor or
broker-dealer for more information.
The Fund was organized as a corporation under the laws of
Maryland on August 17, 1988 and has registered with the SEC under
the Investment Company Act of 1940, as amended. The Fund's
principal office is located at 245 Park Avenue, New York, New York
10167. For more information visit us at www.phf-hy.com, or call
1-877-217-9502.
The Fund's investment adviser is J.P. Morgan Investment
Management Inc., an investment management firm registered with the
SEC under the Investment Advisers Act of 1940.
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