| Business Summary | | Morgan
Stanley
Dean
Witter
Income
Securities
Inc.
is
a
diversified,
closed-end
management
investment
company.
The
Fund's
primary
investment
objective
is
to
provide
as
high
a
level
of
current
income
as
is
consistent
with
prudent
investment
and,
as
a
secondary
objective,
capital
appreciation.
For
the
six-month
period
ended
March
31,
2000,
Morgan
Stanley
Dean
Witter
Income
Securities
produced
a
total
return
of
2.34%,
based
on
a
change
in
net
asset
value
(NAV)
and
reinvestment
of
distributions. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Morgan
Stanley
Dean
Witter
Income
Securities,
Inc.
is
a
diversified,
closed-end
management
investment
company.
ICB
commenced
operations
in
4/73.
For
the
six
months
ended
3/31/01,
total
investment
income
totaled
$8.3
million.
Net
investment
income
totaled
$7.6
million.
Net
increase
in
assets
from
operations
totaled
$12.2
million.
Net
asset
value
per
share
rose
from
$16.83
on
September
30,
2000,
to
$17.24
on
March
31,
2001. | More
from
Market Guide: Significant
Developments |
| | | | FY1998 Pay | |
| Charles Fiumefreddo, 66 Chairman,
CEO and Trustee | -- | Mitchell Merin, 45 Pres,
Director and CEO | -- | Michael Bozic, 58 Trustee | $120K | Edwin Garn, 67 Trustee | 132K | Wayne Hedien, 65 Trustee | 132K | Dollar
amounts are as of 31-Dec-1998 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|