Blue Chip Value Fund Announces Estimated Sources of 2009 Distributions
11 December 2009 - 4:00AM
Business Wire
The following table sets forth the estimated amounts of the
cumulative distributions paid this fiscal year to date from the
following sources: net investment income; net realized short term
capital gains; net realized long term capital gains; and return of
capital.
Estimated Sources of
Distributions for Tax Year 2009
Total
CumulativeDistributions for theFiscal Year to Date
($)
% Breakdown of theTotal
CumulativeDistributions for theFiscal Year to
Date
Net Investment Income $0.0150 10.71%
Net Realized Short Term
CapitalGains
$0.0000
0.00%
Net Realized Long Term
CapitalGains
$0.0000
0.00%
Return of Capital $0.1250 89.29% Total (per common
share) $0.1400 100.00%
You should not necessarily draw any conclusions about the Fund’s
investment performance from the amount of the 2009 distributions or
from the terms of the Fund’s Distribution Plan. Please note that
the Fund’s Board of Directors suspended the Distribution Plan
effective May 4, 2009.
The Fund estimates that it has distributed more than its income
and net realized capital gains for 2009; therefore, a portion of
your distribution may be a return of capital. A return of capital
may occur, for example, when some or all of the money that you
invested in the Fund is paid back to you. A return of capital
distribution does not necessarily reflect the Fund’s investment
performance and should not be confused with “yield” or
“income.”
The amounts and sources of distributions reported in this
notice are only estimates and are not being provided for tax
reporting purposes. The actual amounts and sources of the
amounts for tax reporting purposes will depend upon the Fund’s
investment experience during the remainder of its fiscal year and
may be subject to changes based on tax regulations. The Fund
expects to issue a press release with the final figures by January
8, 2010. The Fund or your financial intermediary will send you a
Form 1099-DIV for the calendar year that will tell you how to
report these distributions for federal income tax purposes.
For additional information on the Fund please visit
www.blu.com.
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