0000088525-12-000197.txt : 20120515 0000088525-12-000197.hdr.sgml : 20120515 20120515160516 ACCESSION NUMBER: 0000088525-12-000197 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120515 DATE AS OF CHANGE: 20120515 EFFECTIVENESS DATE: 20120515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SECURITY INCOME FUND /KS/ CENTRAL INDEX KEY: 0000088498 IRS NUMBER: 480774743 STATE OF INCORPORATION: KS FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-38414 FILM NUMBER: 12844576 BUSINESS ADDRESS: STREET 1: SECURITY INVESTORS, LLC STREET 2: ONE SECURITY BENEFIT PLACE CITY: TOPEKA STATE: KS ZIP: 66636-0001 BUSINESS PHONE: 7854383127 MAIL ADDRESS: STREET 1: SECURITY INVESTORS, LLC STREET 2: ONE SECURITY BENEFIT PLACE CITY: TOPEKA STATE: KS ZIP: 66636-0001 FORMER COMPANY: FORMER CONFORMED NAME: SECURITY BOND FUND DATE OF NAME CHANGE: 19850821 0000088498 S000009770 U.S. INTERMEDIATE BOND C000026841 A SIUSX C000026842 B SUGBX C000026843 C SDICX C000113456 Institutional 497 1 if_usib-497e.htm SUPPLEMENT DATED 5/15/2012 if_usib-497e.htm
Security Income Fund
805 King Farm Boulevard, Suite 600
Rockville, Maryland 20850
 
 
Supplement Dated May 15, 2012
to Prospectus Dated May 1, 2012
 
 
The following information supplements and amends the information in the Prospectus regarding U.S. Intermediate Bond Fund (the “Fund”):
 
The Board of Directors (the “Board”) has approved a change to the frequency of dividend declarations for the Fund. Currently, it is the policy of the Fund to declare and pay dividends monthly. Effective on or about June 1, 2012, the Fund will change the frequency of dividend declarations from a monthly declaration to a daily declaration. However, the Fund will continue to make dividend payments on a monthly basis.
 
Therefore, on or about June 1, 2012 the Fund’s Prospectus will be amended as follows:
 
Under the “Dividend and Taxes” section on page 34 of the Prospectus, the following paragraph will replace the first paragraph in its entirety:
 
The Funds declare dividends from investment income daily. Each Fund pays its shareholders dividends from its net investment income monthly and distributes any net capital gains that it has realized, at least annually. Your dividends and distributions will be reinvested in the Fund, unless you instruct the Investment Manager otherwise. There are no fees or sales charges on reinvestments. Please see “Uncashed Check Policy” above for more information concerning uncashed dividend and distribution checks.
 
 
Please Retain This Supplement for Future Reference