RiverSource LaSalle International Real Estate Fund, Inc. (formerly
Seligman LaSalle International Real Estate Fund, Inc.) (the Fund)
(NYSE: SLS) today declared a third quarter distribution of $0.15 per
share of Common Stock. Dividends on Common Stock will be paid on
September 22, 2010 to Common Stockholders of record on September 13,
2010. The ex-dividend date for the Common Stock is September 9, 2010.
The $0.15 per share dividend on the Common Stock is in accordance with
the Funds earned distribution policy.
The Funds investment manager is Columbia Management Investment
Advisers, LLC (formerly known as RiverSource Investments, LLC), a wholly
owned subsidiary of Ameriprise Financial, Inc. Columbia Management
Investment Distributors, Inc. (formerly known as RiverSource Fund
Distributors, Inc.) is the principal underwriter of the Columbia,
Wanger, Columbia Acorn, RiverSource, Seligman and Threadneedle branded
mutual funds.
The net asset value of shares of a closed-end fund may not always
correspond to the market price of such shares. Common stock of many
closed-end funds frequently trade at a discount from their net asset
value. The Fund is subject to stock market risk, which is the risk that
stock prices overall will decline over short or long periods, adversely
affecting the value of an investment in the Fund.
Investments in real estate securities may be subject to specific risks,
such as the risks associated with general and local economic conditions,
and the risks related to individual properties. Investing in one
economic sector, such as real estate, may result in greater price
fluctuations than owning a portfolio of diversified investments.
Investments in foreign securities involve certain risks not associated
with investments in U.S. companies, including the risks of a particular
country, including the political, regulatory, economic, social and other
conditions of the country, as well as fluctuations in its currency and
the risks associated with less developed custody and settlement
practices. For emerging markets, these risks are even greater.
Distributions paid to stockholders are subject to recharacterization for
tax purposes because the securities (e.g., real estate investment
trusts) in which the Fund invests may not provide complete tax
information to the Fund as to the tax character of the dividends
distributed by such company (e.g., income, capital gain or return of
capital) until after the Fund has made its distribution to stockholders.
This recharacterization could result in a proportionate increase in
returns of capital to stockholders. In certain situations, returns of
capital could be taxable for federal income tax purposes, and all or a
portion of the Funds capital loss carryforwards from prior years could
effectively be forfeited.
You should consider the investment objectives, risks, charges, and
expenses of the Fund carefully before investing. You can obtain the
Funds most recent periodic reports and other regulatory filings by
contacting your financial advisor or American Stock Transfer & Trust
Company LLC at 800 937-5449. These reports and other filings can also be
found on the Securities and Exchange Commissions EDGAR database. You
should read these reports and other filings carefully before investing.
There is no guarantee that the Funds investment goals/objectives will
be met or that distributions will be made, and you could lose money.
NOT FDIC INSURED
MAY LOSE VALUE
NO BANK
GUARANTEE
NOT A DEPOSIT
NOT INSURED BY ANY
FEDERAL GOVERNMENT AGENCY
Source: Business Wire
