Senior Income Trust (VVR) May Dividend Reduction

The dividend reduction in the Van Kampen Senior Income Trust (VVR) reflects the recent decline in short term interest rates. This Fund invests primarily in floating rate senior secured loans that typically pay a fixed spread over LIBOR that re-sets to the current level of LIBOR every 30-90 days. As a result, the income generated by the portfolio is impacted by changes in short-term interest rates (LIBOR). Since the beginning of the year, the Federal Reserve has been aggressively reducing the Federal Funds rate target, which in turn has cause the level of LIBOR to decline. The level of LIBOR has declined approximately 3.00% this year, which has reduced the level of income generated by the portfolio. A dividend reduction was necessary to ensure that the distribution rate of the Fund reflects the earnings of the underlying portfolio.

Investing in closed-end funds involves risk and it is possible to lose money on any closed-end fund investment.

Please consider the investment objectives, risks, charges and expenses of the fund(s) carefully before investing. The prospectus contains this and other information about the fund(s). To obtain a prospectus, contact your financial advisor or download and/or order. Please read the prospectus carefully before investing.

Not FDIC Insured—Offer Not Bank Guaranteed—May Lose Value
Not Insured By Any Federal Government Agency—Not A Deposit

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