Rivus Bond Fund Declares Quarterly Dividend

ARMONK, N.Y.--(BUSINESS WIRE)--

The Rivus Bond Fund BDF (the “Fund”) declared a dividend of $0.2875 on September 14, 2011, payable on November 4, 2011, to shareholders of record at the close of business on October 7, 2011, with a Net Asset Value and New York Stock Exchange ex-dividend date of October 5, 2011 and a comparison date of October 28, 2011.

The dividend of $0.2875 per share would indicate an annual dividend rate for the last four quarters of $1.15 per share and an annual dividend rate of $1.15 per share prospectively.

The Fund is a closed-end, diversified management investment company whose primary investment objective is to seek a high rate of return, primarily from interest income and trading activity, from a portfolio principally consisting of debt securities. The Fund is managed by Cutwater Investor Services Corp.

Declaration Date: September 14, 2011