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Auction Market Preferred Stock

   Also found in: Acronyms 0.01 sec.
Auction Market Preferred Stock (AMPS)
A type of Dutch Auction Preferred Stock (A Merrill Lynch product).

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With respect to Proposal 2, to approve new terms of the Fund's taxable auction market preferred stock to facilitate a rating upgrade, the meeting was adjourned until May 12, 2006, to permit further solicitation of the Auction Market Preferred stockholders.
With respect to election of the Auction Market Preferred Stock Directors (Messrs.
The Gabelli Dividend & Income Trust (the "Trust") (NYSE:GDV) filed an initial registration statement with the Securities and Exchange Commission for an offering of fixed rate and auction market preferred stock.
 
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