Sentences with phrase «qualified dividend funds»

He joined the Wellington Management Co. in 1964, becoming the portfolio manager of the Windsor, Gemini and Qualified Dividend Funds.

Foreign qualified dividends are the foreign source qualified dividends the fund paid to a shareholder, plus any foreign taxes withheld on these dividends.

Not exact matches

Equity Income Funds typically distribute most of their income in the form of Qualified Dividends, which for many taxpayers are taxed relatively lightly, allowing most Equity Income Funds and ETFs to be considered High Tax Efficiency investments when compared with other investment options that generate taxable income.

interest from municipal bonds as well as distributions from mutual funds that qualify as exempt interest dividends; this income is generally not subject to regular federal income taxes; note that Fidelity reports this information to the IRS, and may be required to report the information to tax authorities in California among other states; the total amount or a portion of tax - exempt income (reported as specified private activity bond interest) must be taken into account when computing the federal Alternative Minimum Tax (AMT) applicable to individuals and may be subject to state and local taxes; you are required to report tax - exempt income on Form 1040, and may be required to report it on your state tax return as well

Caution: Taxable income from an IRA or retirement plan is taxed at ordinary income tax rates even if the funds represent long - term capital gain or qualifying dividends from stock held within the plan.

This percentage represents the amount of ordinary dividends paid (including short - term capital gains distributions) during the fund's fiscal year, as income qualifying for the dividends - received deduction.

And dividends from stock funds (including preferred stocks) are typically considered «qualified income;» although you'll owe taxes, they may be at the lower capital gains rate.

For tax purposes, your fund company or broker should separate ordinary and qualified dividends for you in the 1099 - DIV forms.

If you hold these in a taxable account, some of the dividends received by the fund may not be qualified, and hence you'll have to pay taxes at the income - tax rate.

Use Form 1099 - DIV to determine which dividends from mutual funds qualify for the maximum 15 % tax rate.

Those funds, including the dividends you earn on them, are available for use on qualifying medical expenses.

In addition to capital gains distributions, fund distributions may include nonqualified ordinary dividends (taxed at ordinary income tax rates), qualified dividends (taxed at rates applicable to long - term capital gains if holding period and other requirements are met), exempt - interest dividends (not subject to regular federal income tax) and nondividend, or return of capital, distributions, which are not subject to current tax.

This form shows, for each fund, the percentage of dividends that are qualified.

This percentage represents the amount of ordinary dividends paid (including short - term capital gains distributions) during the fund's fiscal year, as income qualifying for the dividends - received deduction.

Putnam calculates the percentage of each fund's Qualifying Dividends eligible for the corporate dividends received dDividends eligible for the corporate dividends received ddividends received deduction.

The former (http://www.T2PartnersLLC.com) manages three value - oriented private investment partnerships, T2 Accredited Fund, Tilson Offshore Fund and T2 Qualified Fund, while the latter is comprised of two value - based mutual funds, Tilson Focus Fund and Tilson Dividend Fund (www.tilsonmutualfunds.com).

Of the $ 1,800 reported as ordinary dividends for XYZ fund in line or column 1a of Form 1099 - DIV, only $ 900 would be reported in line or column 1b as a Qualified Dividend.

Even if your bond ETF or mutual fund calls their distributions «dividends», they are not qualified dividends and are actually interest income.

Now we can see that $ 1 in «dividends» (really, interest payments) from a bond fund or individual bond will be less than $ 1 in qualified dividends from a stock or stock fund after taxes.

Consider this hypothetical situation in which you have dividends reported on Form 1099 - DIV as qualified from shares in XYZ fund.

Though funds that employ a long - term investment strategy may pay qualified dividends, which are taxed at the lower capital gains rate, any dividend payments increase an investor's taxable income for the year.

To qualify for special tax treatment, mutual funds must comply with rules concerning the types of investments they make, the payment of dividends, and various other matters.

For qualified dividend and long - term capital gain, the maximum tax rate is 15 % (click here for my previous post on mutual fund distributions and how they are taxed and here's a related article on Bankrate.com).

A mutual fund may incur three kinds of distributions: qualified dividends, capital gain, and ordinary income.

interest from municipal bonds as well as distributions from mutual funds that qualify as exempt interest dividends; this income is generally not subject to regular federal income taxes; note that Fidelity reports this information to the IRS, and may be required to report the information to tax authorities in California among other states; the total amount or a portion of tax - exempt income (reported as specified private activity bond interest) must be taken into account when computing the federal Alternative Minimum Tax (AMT) applicable to individuals and may be subject to state and local taxes; you are required to report tax - exempt income on Form 1040, and may be required to report it on your state tax return as well

For the dividend to be considered as qualified divident rather than ordinary dividend, therefore subject to the favoriable tax rate, the dividends must be paid by a U.S. corporation or a qualified foreign corporation and the mutual fund that holds the dividend - paying stock must have held the equity for more than 60 days during the 121 - day period that begins 60 days before the ex-dividend date (the first date following the declaration of a dividend on which the buyer of a stock will not receive the next dividend payment.

And just an FYI: if you have 500k or more, you qualify for the J series, where the Dividend fund cost you 2.18 %, million plus and you are into the U series where roughly half of the former MER is now a management fee and deductible against other forms of investment income and income depending on your province of residence.

How will shareholders know how much of their ordinary income dividends from mutual funds are qualified dividends?

The Fund invests primarily in common stocks and, in the managers» discretion, preferred stocks around the world that pay dividends that currently qualify for taxation at long - term capital gains rates.

Qualified dividends are dividends that come from stocks held by the fund for at least 60 days of the 121 - day period that begins 60 days prior to the ex-dividend date.

Stock mutual funds, however, can distribute ordinary dividends, qualified dividends or both.

In order for dividends passed through by a fund to be qualified, the fund must first meet the more - than -60-days requirement for the individual securities paying the dividends.

Instead, your reinvested funds will stay invested (and hopefully grow) and ultimately, someday will be subject to various lower and thus more beneficial tax rates such as Qualified Dividends, Long term Cap Gains, etc..

The fund will tell you what part of that $ 200 is dividend income (as well as what part is Qualified Dividend income), what part is short - term capital gains, and what part is long - term capital gains; you declare the income in the appropriate categories on your tax return, and are taxed accodividend income (as well as what part is Qualified Dividend income), what part is short - term capital gains, and what part is long - term capital gains; you declare the income in the appropriate categories on your tax return, and are taxed accoDividend income), what part is short - term capital gains, and what part is long - term capital gains; you declare the income in the appropriate categories on your tax return, and are taxed accordingly.

(Important point: The dividend reinvested amount does not qualify for any income tax deduction under Section 80c)(Image courtesy of junpinzon at FreeDigitalPhotos.net)(You may like visiting my post on «Top 5 Best ELSS Mutual Funds to invest in 2015.»)

Why not use your taxable account to pursue a tax - efficient stock strategy, such as investing in broad stock market index funds, so you take advantage of the special low rates on long - term capital gains and qualified dividends?

Qualified and Non-Qualified dividends are not estimated for funds that make daily, monthly, or quarterly income distributions.

Under the terms of the Advisory Agreement, each Fund is responsible for the payment of the following expenses among others: (a) the fees payable to the Adviser, (b) the fees and expenses of Trustees who are not affiliated persons of the Adviser or Distributor (as defined under the section entitled («The Distributor»)(c) the fees and certain expenses of the Custodian (as defined under the section entitled «Custodian») and Transfer and Dividend Disbursing Agent (as defined under the section entitled «Transfer Agent»), including the cost of maintaining certain required records of the Fund and of pricing the Fund's shares, (d) the charges and expenses of legal counsel and independent accountants for the Fund, (e) brokerage commissions and any issue or transfer taxes chargeable to the Fund in connection with its securities transactions, (f) all taxes and corporate fees payable by the Fund to governmental agencies, (g) the fees of any trade association of which the Fund may be a member, (h) the cost of fidelity and liability insurance, (i) the fees and expenses involved in registering and maintaining registration of the Fund and of shares with the SEC, qualifying its shares under state securities laws, including the preparation and printing of the Fund's registration statements and prospectuses for such purposes, (j) all expenses of shareholders and Trustees» meetings (including travel expenses of trustees and officers of the Trust who are not directors,

When they prepared Form 1099 - DIV, the mutual fund company didn't know whether you would hold the shares long enough to have a qualified dividend.

Form 1099 - DIV is used to report ordinary dividends, total capital gains, qualified dividends, non-taxable distributions, federal income tax withheld, foreign taxes paid, and foreign source income from investments held by fund companies.

Among these requirements are the following: (i) at least 90 % of the fund's gross income each taxable year must be derived from dividends, interest, payments with respect to securities loans, and gains from the sale or other disposition of stock, securities or foreign currencies, or other income derived with respect to its business of investing in such stock or securities or currencies and net income derived from an interest in a qualified publicly traded partnership; (ii) at the close of each quarter of the fund's taxable year, at least 50 % of the value of its total assets must be represented by cash and cash items, U.S. Government securities, securities of other RICs and other securities, with such other securities limited, in respect of any one issuer, to an amount that does not exceed 5 % of the value of a Fund's assets and that does not represent more than 10 % of the outstanding voting securities of such issuer; and (iii) at the close of each quarter of the fund's taxable year, not more than 25 % of the value of its assets may be invested in securities (other than U.S. Government securities or the securities of other RICs) of any one issuer or of two or more issuers and which are engaged in the same, similar, or related trades or businesses if the fund owns at least 20 % of the voting power of such issuers, or the securities of one or more qualified publicly traded partnershfund's gross income each taxable year must be derived from dividends, interest, payments with respect to securities loans, and gains from the sale or other disposition of stock, securities or foreign currencies, or other income derived with respect to its business of investing in such stock or securities or currencies and net income derived from an interest in a qualified publicly traded partnership; (ii) at the close of each quarter of the fund's taxable year, at least 50 % of the value of its total assets must be represented by cash and cash items, U.S. Government securities, securities of other RICs and other securities, with such other securities limited, in respect of any one issuer, to an amount that does not exceed 5 % of the value of a Fund's assets and that does not represent more than 10 % of the outstanding voting securities of such issuer; and (iii) at the close of each quarter of the fund's taxable year, not more than 25 % of the value of its assets may be invested in securities (other than U.S. Government securities or the securities of other RICs) of any one issuer or of two or more issuers and which are engaged in the same, similar, or related trades or businesses if the fund owns at least 20 % of the voting power of such issuers, or the securities of one or more qualified publicly traded partnershfund's taxable year, at least 50 % of the value of its total assets must be represented by cash and cash items, U.S. Government securities, securities of other RICs and other securities, with such other securities limited, in respect of any one issuer, to an amount that does not exceed 5 % of the value of a Fund's assets and that does not represent more than 10 % of the outstanding voting securities of such issuer; and (iii) at the close of each quarter of the fund's taxable year, not more than 25 % of the value of its assets may be invested in securities (other than U.S. Government securities or the securities of other RICs) of any one issuer or of two or more issuers and which are engaged in the same, similar, or related trades or businesses if the fund owns at least 20 % of the voting power of such issuers, or the securities of one or more qualified publicly traded partnershFund's assets and that does not represent more than 10 % of the outstanding voting securities of such issuer; and (iii) at the close of each quarter of the fund's taxable year, not more than 25 % of the value of its assets may be invested in securities (other than U.S. Government securities or the securities of other RICs) of any one issuer or of two or more issuers and which are engaged in the same, similar, or related trades or businesses if the fund owns at least 20 % of the voting power of such issuers, or the securities of one or more qualified publicly traded partnershfund's taxable year, not more than 25 % of the value of its assets may be invested in securities (other than U.S. Government securities or the securities of other RICs) of any one issuer or of two or more issuers and which are engaged in the same, similar, or related trades or businesses if the fund owns at least 20 % of the voting power of such issuers, or the securities of one or more qualified publicly traded partnershfund owns at least 20 % of the voting power of such issuers, or the securities of one or more qualified publicly traded partnerships.

For corporate investors in the fund, dividend distributions the fund reports to be from dividends received from qualifying domestic corporations will be eligible for the 70 % corporate dividends - received deduction to the extent they would qualify if the fund were a regular corporation.

A portion of these distributions may be treated as qualified dividend income (eligible for the reduced rates to individuals as described below) to the extent that a fund receives qualified dividend income.

The fund may loan portfolio securities to qualified broker - dealers or other institutional investors provided: (1) the loan is secured continuously by collateral consisting of U.S. government securities, letters of credit, cash or cash equivalents or other appropriate instruments maintained on a daily marked - to - market basis in an amount at least equal to the current market value of the securities loaned; (2) the fund may at any time call the loan and obtain the return of the securities loaned; (3) the fund will receive any interest or dividends paid on the loaned securities; and (4) the aggregate market value of securities loaned will not at any time exceed one - third of the total assets of the fund, including collateral received from the loan (at market value computed at the time of the loan).

A portion of these distributions may be treated as qualified dividend income (eligible for the reduced rates to individuals as described below) to the extent that the fund receives qualified dividend income.

Dividends received by the fund from a REIT or another RIC may be treated as qualified dividend income only to the extent the dividend distributions are attributable to qualified dividend income received by such REIT or RIC.

ProShares has added two funds that require actual growth in dividends to qualify for inclusion.

Alaska has the Alaska Permanent Fund, which for the past 30 or so years has collected some fraction of Alaska's oil revenue and invested it in a broadly diversified portfolio and and provided, from the dividends of that portfolio, an annual income to every qualifying permanent resident of Alaska.