NEW YORK--(BUSINESS WIRE)--Dividend Declaration The Cutwater Select Income Fund (CSI) (the “Fund”) declared a dividend of $0.25 on June 17, 2015, payable on August 25, 2015, to shareholders of record at the close of business on July 24, 2015, with an ex-dividend date of July 22, 2015. The dividend of $0.25 per share would equate to an annual dividend payment for the last four quarters of $1.045 per share. Election of Vice President, Treasurer and Chief Financial Officer Effective today, the Fun