A distribution policy is a helpful tool for ESOP companies to comply with distribution requirements while retaining maximum flexibility. In a prior article, we reviewed the rules governing ESOP ...
Each Fund’s distribution policy provides for the resetting of the monthly distribution amount per share (“Distribution Amount”) annually, based on each Fund’s net asset value on the last business day ...
BSTZ, BMEZ, and BIGZ have announced a change in distribution policy. The funds will now pay monthly distributions at an annual rate of 6% based on the 12-month rolling average daily net asset value.
The Scripps data and sample policy follows the approach of the National Science Foundation described in publication NSF 24-124: Division of Ocean Sciences Sample and ...
The level distribution policy is intended to provide shareholders with stable, but not guaranteed, cash flow, independent of the amount or timing of income earned or capital gains realized by a Fund.
Northwest & Ethical Investments LP (NEI) is changing the distribution policy for certain funds in its mutual fund line up in order to provide investors with a consistent income distribution experience ...
A sound indirect cost recovery and distribution policy should meet tests of reasonableness and fair-sharing while, at the same time, providing incentives to faculty and staff to stimulate research, ...
NEW YORK--(BUSINESS WIRE)--Several Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the adoption of a level distribution policy. Under the new policy, the ...