MEMPHIS, Tenn. (May 22, 2006) —The Board of Directors of RMK Advantage Income Fund, Inc. (NYSE: RMA) today declared three monthly dividends of $0.15 per share.
Monthly dividends will be payable on June 19, 2006, July 17, 2006 and August 17, 2006 to shareholders of record on June 9, July 7 and August 9, respectively. Ex-dividend dates are June 7, July 5 and August 7.
RMK Advantage Income Fund, Inc. is a diversified, closed-end investment company seeking a high level of current income with capital appreciation as a secondary investment objective.
About Morgan Asset Management
Morgan Asset Management, Inc. is the investment advisory arm of Regions Financial Corporation (NYSE: RF). Morgan Asset Management is the investment advisor to Regions Morgan Keegan Trust, Regions Morgan Keegan Select Funds, RMK Advantage Income Fund, Inc., RMK High Income Fund, Inc., RMK Multi-Sector High Income Fund, Inc. and RMK Strategic Income Fund, Inc. With locations throughout the South, Morgan Asset Management, an affiliate of Morgan Keegan & Co. Inc., manages more than $15 billion for institutions and high net worth individuals. Additional information about Morgan Asset Management, Morgan Keegan and Regions – a member of both the Forbes and Fortune 500 and one of the nation's Top 15 financial services providers – can be found at www.morgankeegan.com and www.regions.com.
Contact
Kathy Ridley
Corporate Communications
Morgan Keegan & Co., Inc.
901/529-5449 or 800/366-7426
