Dividends, Distributions, and Tax Information |
Each Fund pays its shareholders dividends from any net investment income and distributes net capital gains that it has realized, if any, after offset by net capital loss carryovers. Income dividends and capital gain distributions, if any, are normally declared and paid annually. Your distributions will be reinvested in shares of the distributing Fund unless you instruct the Fund otherwise.
Taxes.
Generally, you will be taxed when you sell or exchange shares of a Fund and when you receive distributions (whether reinvested in additional shares or taken in cash). Typically, your tax treatment will be as follows:
Transaction Tax treatment:
Income dividend
Net short term capital gain distribution
Net long term capital gain distribution
Sale or exchange of shares held for more than one year
Sale or exchange of shares held for one year or less
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Ordinary income or qualified dividend income
Ordinary income
Long term capital gain
Long term capital gain or loss
Gains that are not offset by capital losses are treated as ordinary income; net losses are subject to special rules.
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Distributions
 All reports are in PDF format, except where noted.
To view PDF documents you must have Adobe Acrobat Reader installed. |
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Prospectus
