Gabelli Go Anywhere Trust Declares Second Quarter Distribution of $0.20 Per Share
17 5월 2019 - 4:00AM
Business Wire
The Board of Trustees of The Gabelli Go Anywhere Trust (NYSE
American: GGO) (the “Fund”) declared a $0.20 per share cash
distribution payable on June 21, 2019 to common shareholders of
record on June 14, 2019.
The Fund’s distribution policy is to pay a quarterly
distribution of an amount to be determined by the Board of
Trustees. If necessary, the Fund will pay an adjusting distribution
in December which includes any additional income and net realized
capital gains in excess of the quarterly distributions for that
year to satisfy the minimum distribution requirements of the
Internal Revenue Code for regulated investment companies.
Each quarter, the Board of Trustees reviews the amount of any
potential distribution from the income, realized capital gain, or
capital available. The Board of Trustees will continue to monitor
the Fund’s distribution level, taking into consideration the Fund’s
net asset value and the financial market environment. The Fund’s
distribution policy is subject to modification by the Board of
Trustees at any time, and there can be no guarantee that the policy
will continue. The distribution rate should not be considered the
dividend yield or total return on an investment in the Fund.
All or part of the distribution may be treated as long-term
capital gain or qualified dividend income (or a combination of
both) for individuals, each subject to the maximum federal income
tax rate, which is currently 20% in taxable accounts for
individuals (or less depending on an individual’s tax bracket). In
addition, certain U.S. shareholders who are individuals, estates or
trusts and whose income exceeds certain thresholds will be required
to pay a 3.8% Medicare surcharge on their "net investment income",
which includes dividends received from the Fund and capital gains
from the sale or other disposition of shares of the Fund.
If the Fund does not generate sufficient earnings (dividends and
interest income, less expenses, and realized net capital gain)
equal to or in excess of the aggregate distributions paid by the
Fund in a given year, then the amount distributed in excess of the
Fund’s earnings would be deemed a return of capital. Since this
would be considered a return of a portion of a shareholder’s
original investment, it is generally not taxable and would be
treated as a reduction in the shareholder’s cost basis.
Long-term capital gains, qualified dividend income, ordinary
income, and return of capital, if any, will be allocated on a
pro-rata basis to all distributions to common shareholders for the
year. Based on the accounting records of the Fund currently
available, each of the distributions paid to common shareholders in
2019 would be deemed 100% from paid-in capital on a book basis.
This does not represent information for tax reporting purposes. The
estimated components of each distribution are updated and provided
to shareholders of record in a notice accompanying the distribution
and are available on our website (www.gabelli.com). The final
determination of the sources of all distributions in 2019 will be
made after year end and can vary from the quarterly estimates.
Shareholders should not draw any conclusions about the Fund’s
investment performance from the amount of the current distribution.
All individual shareholders with taxable accounts will receive
written notification regarding the components and tax treatment for
all 2019 distributions in early 2020 via Form 1099-DIV.
Investors should carefully consider the investment objectives,
risks, charges, and expenses of the Fund before investing. More
information regarding the Fund’s distribution policy and other
information about the Fund is available by calling 800-GABELLI
(800-422-3554) or visiting www.gabelli.com.
The Gabelli Go Anywhere Trust is a non-diversified, closed-end
management investment company whose primary investment objective is
total return, consisting of capital appreciation and current
income. The Fund is managed by Gabelli Funds, LLC, a subsidiary of
GAMCO Investors, Inc. (NYSE:GBL).
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190516006012/en/
For information:David SchachterLaurissa Martire(914)
921-5070
Gabelli Go Anywhere (AMEX:GGO)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Gabelli Go Anywhere (AMEX:GGO)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024