Aberdeen has regularly scheduled net investment income 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 changed during the course of the year.
The December 2013 net investment income dividend rates will be posted to the website after they have been declared by the Funds. Dividends are distributed according to the intervals listed within each Funds' disclosure in the Statutory Prospectus.
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.
The preliminary capital gain per share shown below was determined based on net capital gains realized and shares outstanding as of October 31, 2013. The actual capital gains may be greater or lesser due to fund trading activity through October 31. Furthermore, the actual capital gain per share will be calculated based on the shares outstanding at the record date of the December distribution, which will differ from the shares outstanding used to calculate the estimates.
You must pay taxes on mutual fund distributions (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.
The tax information contained herein is general. It is not intended to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer by U.S. federal tax laws. Federal and state tax laws are complex and subject to change. Because each person’s tax situation is unique, you should always consult your legal or tax advisor for information concerning your individual situation.
These materials are not intended to provide tax, accounting, legal advice or investment recommendations.
Aberdeen does not provide dividend distribution estimates. Dividends are distributed according to the intervals listed within each Funds’ disclosure in the Statutory Prospectus.