Dividend and Income Fund
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Tax Information


For shareholders that do not have a November 30, 2010 tax year end, this notice is for informational purposes only. For shareholders with a November 30, 2010 tax year end, please consult your tax advisor as to the pertinence of this notice. For the fiscal year ended November 30, 2010, the Fund is designating the following items with regard to distributions paid during the year.

Year
Ordinary Income Distributions
Return of Capital
Total Distributions
Qualifying Dividends (1)
Qualifying Dividend Income (2)
Interest Related Dividends (3)
2010 86.00% 14.00% 100.00% 39.49% 39.45% 57.72%
2009 95.80% 4.20% 100.00% 22.16% 19.87% 38.33%
2008 68.26 31.74 100.00% 40.02% 38.69% 36.25%

(1) Qualifying dividends represent dividends which qualify for the corporate dividends received deduction.

(2) The percentage in this column represents the amount of “Qualifying Dividend Income” as created by the Jobs and Growth Tax Relief Reconciliation Act of 2003 and is reflected as a percentage of “Ordinary Income Distributions.” It is the intention of the Fund to designate the maximum amount permitted by the law.

(3) The percentage in this column represents the amount of “Interest Related Dividends” as created by the American Jobs Creation Act of 2004 and is reflected as a percentage of Net Investment Income distributions that is exempt from U.S. withholding tax when paid to foreign investors.



 

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This web site, including the financial statements included herein, is provided to the shareholders of the Fund for their information. The financial information included herein is taken from the records of the Fund. This is not a prospectus, circular or representation intended for use in the purchase of shares of the Fund or any securities mentioned in this web site. © Dividend and Income Fund

 

 


 

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