Aberdeen has regularly scheduled dividend payments for various Funds throughout the year. These dates can be changed by the Officers of the Funds and will be communicated if the dates are adjusted or changed during the course of the year.
Aberdeen does not provide dividend distribution estimates. Dividends are distributed according to the intervals listed within each Funds’ disclosure in the Statutory Prospectus.
Aberdeen Asia Bond Fund, Aberdeen Emerging Markets Debt Fund and Aberdeen Emerging Markets Debt Local Currency Fund revised the classifications of distributions paid in 2015 from ordinary income to a non-taxable return of capital for a portion or all of the Funds’ 2015 distributions. If you are a taxable investor, this change likely results in a change to the federal income tax consequences of the distribution made to you and you likely are entitled to a tax refund as a result of this change in classification. We suggest that you consult your tax advisor about the feasibility and the potential benefit of amending your 2015 federal tax return to claim a refund.
Throughout the year, capital gains occur when a mutual fund sells a security within its portfolio for a profit. Mutual funds are required by law to distribute virtually all capital gains to their shareholders once a year through a capital gain distribution.
You must pay taxes on mutual fund distribution (unless the mutual funds are held in a tax-advantaged account such as an Individual Retirement Account, 401(k) and 403(b) accounts), whether you receive your distributions in cash or reinvest them in additional fund shares. The amount of capital gains distributions will be reported on year-end account statements (mailed in January) and on Form 1099-DIV. Please be sure to contact a tax professional to discuss your individual tax situation.