Message #4 From:
NewsBot Date: August 11, 2006 11:55:00 AM
IGR News ING Clarion Global Real Estate Income Fund 'IGR' Declares Monthly Dividend for August
NEW YORK & PHILADELPHIA--(BUSINESS WIRE)--Aug. 11, 2006--The Board of Directors of the ING Clarion Global Real Estate Income Fund (AMEX:IGR) (the 'Trust'), which trades on the American Stock Exchange under the symbol 'IGR', today declared a monthly dividend of $0.115 per share for the month of August 2006. The following dates apply:
Ex-Dividend Date Record Date Payable Date
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August 2006 08-22-2006 08-24-2006 08-31-2006
The Trust's primary investment objective is high current income. The Trust's secondary investment objective is capital appreciation. Under normal market conditions the Trust will invest at least 80% of its total assets in global income producing "Real Estate Securities."
ING Clarion Real Estate Securities acts as the Trust's investment advisor. ING Clarion Real Estate Securities is responsible for the Trust's portfolio assets.
About ING Clarion
Founded in 1982, ING Clarion and its affiliates manage almost $30 billion in assets in the private equity, public equity, and public debt sectors of the real estate markets. Headquartered in New York, the ING Clarion organization has 800 employees located in major markets throughout the United States, the United Kingdom, and Japan.
The firm is the U.S. investment management arm of ING Real Estate an international real estate company, active in real estate investment management, development and finance. The company ranks among the world's strongest real estate players with offices in fifteen countries in Europe, the United States, Asia and Australia.
ING Real Estate is part of ING Group, a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of about 114,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.
More information about the firm and its closed-end funds is available at www.ingclarion.com.
