Rivus Bond Fund (BDF) Announces Terms of the Reorganization of the Hartford Income Shares Fund

Rivus Bond Fund BDF announced today that the reorganization of The Hartford Income Shares Fund, Inc. HSF into the Fund was completed as of the close of business on October 22, 2010. The Reorganization was effected at an exchange ratio calculated as the net asset value per share of the Acquired Fund divided by the net asset value per share of the Acquiring Fund, each determined as of the close of trading on the New York Stock Exchange on the Effective Date. The Acquired Fund was credited with 4,150,026 shares of beneficial interest of the Acquiring Fund at $20.07 net asset value per share. As a result of the Reorganization, each shareholder of the Acquired Fund received shares of the Acquiring Fund with an aggregate net asset value that is equal to the aggregate net asset value of the shares of the Acquired Fund held by that shareholder as of the close of business on the Effective Date.
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