CORRECTION - Changes to Ex-dividend and Record Dates - ING Global Advantage and Premium Opportunity Fund, ING Risk Managed Natur
22 Juin 2009 - 8:55PM
PR Newswire (US)
SCOTTSDALE, Ariz., June 22 /PRNewswire/ -- ING Investments, LLC
announced the quarterly distributions on the common shares of three
of its closed-end funds: ING Global Advantage and Premium
Opportunity Fund (NYSE:IGA), ING Risk Managed Natural Resources
Fund (NYSE:IRR) and ING Asia Pacific High Dividend Equity Income
Fund (NYSE:IAE) (each a "Fund" and collectively, the "Funds"). With
respect to each Fund, the distribution will be paid on July 15,
2009, to shareholders of record on July 2, 2009. The ex-dividend
date is June 30, 2009. The distribution per share for each Fund is
as follows: Distribution Fund Per Share ---------- -------------
ING Global Advantage and Premium Opportunity Fund (NYSE:IGA) $0.465
ING Risk Managed Natural Resources Fund (NYSE:IRR) $0.425 ING Asia
Pacific High Dividend Equity Income Fund (NYSE:IAE) $0.498 Each
Fund intends to make regular quarterly distributions based on the
past and projected performance of the Fund. The amount of quarterly
distributions may vary, depending on a number of factors. As
portfolio and market conditions change, the rate of distributions
on the common shares may change. There can be no assurance that a
Fund will be able to declare a distribution in each period. The tax
treatment and characterization of a Fund's distributions may vary
significantly from time to time depending on the net investment
income of the Fund and whether the Fund has realized gains or
losses from its options strategy versus gain or loss realizations
in the equity securities in the portfolio. Each Fund's
distributions will normally reflect past and projected net
investment income, and may include income from dividends and
interest, capital gains and/or a return of capital. The final tax
characteristics of the distributions cannot be determined with
certainty until after the end of the calendar year, and will be
reported to shareholders at that time. IGA estimates that each
distribution for the current fiscal year as of March 31, 2008, was
comprised of approximately 100% return of capital. IRR estimates
that each distribution for the current fiscal year as of March 31,
2008, was comprised of approximately 12% ordinary income and 82%
short term capital gain. IAE estimates that each distribution for
the current fiscal year as of March 31, 2008, was comprised of
approximately 11% ordinary income and 89% return of capital. The
portion of each Fund's quarterly distributions estimated to come
from the Fund's option strategy, for tax purposes, may be treated
as a combination of long-term and short-term capital gains, and/or
a return of capital. The tax character of each Fund's option
strategy is largely determined by movements in, and gain and loss
realizations in the underlying equity portfolio. Certain statements
made on behalf of the Funds in this release are forward-looking
statements. The Funds actual future results may differ
significantly from those anticipated in any forward-looking
statements due to numerous factors, including but not limited to a
decline in value in equity markets in general or the Funds
investments specifically. Neither the Funds nor ING undertake any
responsibility to update publicly or revise any forward-looking
statement. ING Investments, LLC, the manager of the Funds, is part
of ING, a global financial institution of Dutch origin offering
banking, investments, life insurance and retirement services to
over 75 million private, corporate and institutional clients in
more than 50 countries. With a diverse workforce of about 125,000
people, ING comprises a broad spectrum of prominent companies that
increasingly serve their clients under the ING brand. SHAREHOLDER
INQUIRIES: ING Funds Shareholder Services at (800) 992-0180
DATASOURCE: ING CONTACT: SHAREHOLDER INQUIRIES: ING Funds
Shareholder Services, +1-800-992-0180 Web Site: http://www.ing.com/
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