Nasdaq Global Funds, Inc. (NGF) today announced that a quarterly dividend of $0.02670 will be paid to the holders of record of the NASDAQ-100 Index Tracking Stock(r) (Nasdaq:QQQQ) as of March 20, 2007.
The NASDAQ-100 Index Tracking Stock is a security that represents an interest in the portfolio of equity securities held by a unit investment trust (Trust), but that trade like shares of common stock. It is intended to provide investment results that correspond to the price and yield performance of the NASDAQ-100 Index(r).
The amount of the distribution was determined after the close of business today, and payments will be made on April 30, 2007.
The Trust underlying the NASDAQ-100 Index Tracking Stock is sponsored by NGF, a subsidiary of The Nasdaq Stock Market, Inc., (NASDAQ(r); NASDAQ: NDAQ). The trustee of the Trust is The Bank of New York. The distributor for the Trust is ALPS Distributors, Inc., a registered broker-dealer.
NGF is behind one of the largest ETF fund families -- both in the U.S. and globally. Ranking third in the U.S. in terms of assets under management, NGF sponsors five ETFs: the NASDAQ-100 Index Tracking Stock and the BLDRS Index Funds Trust(sm), which consists of four separate ETFs that are designed to correspond to the price and yield performance of four of The Bank of New York American Depository Receipt Indices. The BLDRS SM fund family includes two international market index funds, and two international regional index funds. In addition, NGF's European subsidiary manages the NASDAQ-100 Index European Tracker(r) (available only to investors in certain European countries).
NASDAQ is the largest U.S. electronic equities exchange. With approximately 3,200 companies, it lists more companies and, on average, trades more shares per day than any other U.S. electronic market. It is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks as well as a leading liquidity pool for trading NYSE-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at www.nasdaq.com or the NASDAQ Newsroom at www.nasdaq.com/newsroom/.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information about QQQQ and BLDRS, unit investment trusts, please call 888.627.3837. Read the prospectus carefully before investing. ETFs are subject to investment risk including possible loss of principal.
ALPS Distributors, Inc., a registered broker-dealer, is distributor for QQQQ and BLDRS.
NDAQO
