| Business Summary | | American
Income
Fund
Inc.,
formerly
known
as
Mentor
Income
Fund,
Inc.,
is
a
closed-end
investment
fund
that
invests
primarily
in
high-quality
fixed
income
securities.
The
Fund's
investment
objective
is
to
achieve
high
monthly
income
consistent
with
prudent
risk
of
capital.
Its
dividend
objective
is
to
distribute
monthly
income
in
excess
of
that
attainable
from
investment
in
United
States
Treasury
securities
having
the
same
maturity
as
the
expected
average
life
of
the
Fund's
investments. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | American
Income
Fund
Inc.
is
a
closed-end
investment
fund
which
primarily
invests
in
high-quality
fixed-income
securities.
The
Fund's
investment
objective
is
to
achieve
high
monthly
income
consistent
with
prudent
rist
to
capital.
For
the
six
months
ended
4/30/01,
investment
income
totalled
$4.2
million.
Net
investment
income
totalled
$3.7
million.
Net
assets
resulting
from
operations
totalled
$6.1
million.
Net
asset
value
totalled
$9.14. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Daniel Ludeman, 41 | Chairman
and CEO | Paul Costello, 37 | Pres | Terry Perkins, 51 | Treasurer | Geoffery Sale, 33 | Sec. | Michael Wade, 33 | Assistant
Treasurer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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