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Defined Strategy Fund
Ticker Symbol: DSF* CUSIP: 24476Y100 Exchange: NYSE
* NOTE: This security is no longer trading as of 9/15/2009
Company's Online Profile
FUND DESCRIPTION: Defined Strategy Fund Inc. is a closed-end, diversified management investment company. The Fund will conduct its investment operations and exist for a fixed term of approximately five years. The Fund has an interval fund structure, pursuant to which the Fund will conduct annual repurchase offers for between 5% and 25% of the Fund’s outstanding shares. The Fund’s investment objective is to seek total returns that, exclusive of Fund fees and expenses, exceed the performance of the ten highest dividend-yielding stocks included in the Dow Jones Industrial Average (DJIA) as determined once each year (normally two trading days prior to the last day of the calendar year in which the U.S. stock markets are open for trading). The Fund pursues its investment objective by investing substantially all of its net assets in the ten highest dividend-yielding stocks in the DJIA in approximately equal dollar amounts. In addition, in seeking to enhance its returns, the Fund will enter into variable prepaid forward contracts with terms of approximately one year to sell liquid equity securities and will use the sale proceeds of the forward contracts to purchase the other stocks. IQ Investment Advisors LLC, an indirect subsidiary of Merrill Lynch & Co. Inc., is the Investment Adviser of the fund and provides investment advisory, management and administrative services to the Fund.
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Notes: September 8, 2009 – The Defined Strategy Fund Inc. (the “Fund”) has announced that, in connection with its planned liquidation on September 15, 2009, all of its portfolio assets have been sold as of the close of business today and from this point forward, the Fund is no longer seeking to achieve its investment objective. The Fund will complete its liquidation and distribute cash in a liquidating distribution to shareholders of record as of the close of business on September 14, 2009 to be paid on September 15, 2009.
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IPO - 12/23/2004 - 7.50 Million Shares @ $20.00/share.
Link to IPO Prospectus
Small Cap Stock -
Market Value $150.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Address and Phone Numbers |
| Address: P.O. Box 9011, Princeton, NJ 08543 |
| Main Phone Number |
609-282-5904 |
| Fax Number |
Not Available |
| Toll Free Phone Number |
800-456-4587 |
| CEO - Mitchell M. Cox |
CFO - Donald C. Burke |
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