MEMPHIS, Tenn. (August 21, 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 September 18, 2006, October 17, 2006 and November 17, 2006 to stockholders of record on September 8, October 5 and November 7, respectively. Ex-dividend dates are September 6, October 3 and November 3.
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 $16 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:
Morgan Keegan & Company, Inc.
Kathy Ridley, 901/529-5449
Kathy.Ridley@morgankeegan.com
