Distributions are not guaranteed and will vary from year to year depending on market conditions, portfolio turnover, and other factors. Distributions may be subject to federal and state taxes and will be reported on Form 1099-DIV. Please consult your tax advisor about your specific situation.
On the ex-dividend date, a fund’s share price is reduced by the amount of the distribution. Total return is not impacted by this adjustment.
If you are enrolled in a dividend reinvestment program through your broker, distributions will be reinvested automatically; otherwise, they will be paid in cash.
