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8-K - FORM 8-K - RiverSource LaSalle International Real Estate Fund, Inc. | c54987e8vk.htm |
Media contact:
|
Charles Keller | |
612-678-7786 | ||
charles.r.keller@ampf.com | ||
Stockholder contact:
|
Chris Moran | |
617-218-3864 | ||
christopher.m.moran@ampf.com |
RIVERSOURCE LASALLE INTERNATIONAL REAL ESTATE FUND, INC.
DECLARES FOURTH QUARTER DISTRIBUTION
DECLARES FOURTH QUARTER DISTRIBUTION
MINNEAPOLIS, MN, December 4, 2009 RiverSource LaSalle International Real Estate Fund, Inc.
(formerly Seligman LaSalle International Real Estate Fund, Inc.) (the Fund) (NYSE: SLS) today
declared a fourth quarter distribution of $0.359 per share of Common Stock. Dividends on Common
Stock will be paid on December 21, 2009 to Common Stockholders of record on December 14, 2009. The
ex-dividend date for the Common Stock is December 10, 2009.
The $0.359 per share dividend on the Common Stock is in accordance with the Funds earned
distribution policy, which was adopted by the Funds Board of Directors on January 8, 2009.
The Fund is managed by RiverSource Investments, LLC, a wholly owned subsidiary of Ameriprise
Financial, Inc. RiverSource Fund Distributors, Inc. (formerly Seligman Advisors, Inc.) is the
principal underwriter of the RiverSource Family of Funds, which includes the Fund.
The net asset value of shares may not always correspond to the market price of such shares. Common
stock of many closed-end funds frequently trade at a discount from their net asset value. The Fund
is subject to stock market risk, which is the risk that stock prices overall will decline over
short or long periods, adversely affecting the value of an investment in the Fund.
Investments in real estate securities may be subject to specific risks, such as the risks
associated with general and local economic conditions, and the risks related to individual
properties. Investing in one economic sector, such as real estate, may result in greater price
fluctuations than owning a portfolio of diversified investments.
Under the earned distribution policy, distributions paid to stockholders are subject to
recharacterization for tax purposes because the securities (e.g., real estate investment trusts) in
which the Fund invests may not provide complete tax information to the Fund as to the tax character
of the dividends distributed by such company (e.g., income, capital
gain or return of capital) until after the Fund has made its distribution to stockholders. This
recharacterization could result in a proportionate increase in returns of capital to stockholders.
In certain situations, returns of capital could be taxable for federal income
tax purposes, and all or a portion of the Funds capital loss carryforwards from prior years could
effectively be forfeited.
You should consider the investment objectives, risks, charges, and expenses of the Fund carefully
before investing. You can obtain the Funds most recent periodic reports, when available, and other
regulatory filings by contacting your financial advisor or RiverSource Service Corporation at 800
221-2450. These reports and other filings can also be found on the Securities and Exchange
Commissions EDGAR database. You should read these reports and other filings carefully before
investing.
There is no guarantee that the Funds investment goals/objectives will be met or that distributions
will be made, and you could lose money.
NOT FDIC INSURED
|
MAY LOSE VALUE | NO BANK GUARANTEE | ||
NOT A DEPOSIT
|
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY |