![]() Wacker Drive Suite 500 Chicago IL 60606 Phone (312) 368-5510 Fax (312) 876-1028Ĭommencing with the time of the first distribution payment after receipt of the funds for additional purchases, and may be aggregated with purchases of shares for reinvestment of theĭistribution. Treasury shares for such voluntary additional share investment. The Fund will not issue new shares or supply The purchase price of such shares may be more than or less than net asset value per share. The Agent will use such funds to purchase shares in the open market or in private transactions. (or authorizing an electronic fund transfer) for at least $100, but not more than $5,000, in any month. Plan participants may purchase additional shares of common stock through the plan by delivering to the Agent a check The automatic reinvestment of distributions does not relieve participants of any income taxes that may be payable (or required to be withheld) Participants do pay a per share fee incurred in connection with purchases by the Agent for reinvestment of distributions and voluntary cash payments. There is no brokerage commission on shares issued directly by the Fund. The cost of administering the plan is borne by the Fund. Distributions paid on shares held in the participants plan account will also be reinvested. Shares held in the participants plan account have full distribution and voting rights. That the participant will need for income tax records. The Agent sends to each participant a written statement of all transactions in the participants share account, including information The Funds stock records maintained by the Agent, including a fractional share to six decimal places. The reinvestment shares are credited to the participants plan account in ![]() As of that time, the Funds administrator compares the net asset value per share as of the time of the close of trading on the New York Stock Exchange, and determines which of theĪlternative procedures described above are to be followed. The time of valuation is the close of trading on the NewYork Stock Exchange on the most recent day preceding the date of payment of theĭistribution on which that exchange is open for trading. Purchased by it in reinvestment of the distribution(s) paid on a particular day and in concurrent purchases of shares for voluntary additional share investment. Shares are allocated to the accounts of the respective participants at the average price per share, plus per share fees paid by the Agent for all shares Purchases are made through a broker selected by the Agent that may be an affiliate of the Agent. Each participant will pay a per share fee, (or equivalent purchase costs) incurred in connection with such purchases. (ii) If the current market price of the shares is less than their net asset value, the Agent will receive the distributions inĬash and will purchase the reinvestment shares in the open market or in private purchases for the participants accounts. Will issue new shares to the plan at the greater of current net asset value or 95% of the then current market price, without any per share fees (or equivalent purchase costs). (i) If the current market price of the shares equals or exceeds their net asset value, the Fund When a distribution is reinvested under the plan, the number of shares of common stock equivalent to the cash dividend or distribution is Registered shareholders may also elect to have cash dividends deposited directly into their bank accounts. Participate in the plan will receive all distributions in cash paid by check mailed directly to the shareholder (or, if the shareholders shares are held in street or other nominee name, then to such shareholders nominee) by the Agent asĭividend disbursing agent. However, some nominees may not permit a beneficial owner to participate without transferring the shares into the owners name. The plan permits a nominee, other than a depository, to participate on behalf of thoseīeneficial owners for whom it is holding shares who elect to participate. Only registered shareholders may participate in the plan. ∺gent) as plan agent for shareholders, in additional shares of common stock of the Fund. Under the plan, shareholders may elect to have all distributions paid on their common stock automatically reinvested by Computershare Inc. ∿und) maintains a Distribution Reinvestment and Cash Purchase Plan (the plan). Distribution Reinvestment and Cash Purchase PlanĭISTRIBUTION REINVESTMENT AND CASH PURCHASE PLAN
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