Distributions

Longleaf Partners Global Fund

Distributions

Most of Longleaf’s distributions historically have been long-term gains reflecting Southeastern’s successful results and long investment horizon. Per share amounts are rounded. For tax return preparation, please use your Form 1099-DIV or see the 2016 Sources of Distribution.

Year Total Net Income Foreign Tax Credit ST Gains LT Gains Return Cap Ex-Date Reinvest
2016 $0.0591 $0.0591 $- $- $- $- 12/29/16 $11.95
2015 0.0235 0.029818465 -0.006318465 - - - 12/29/15 10.07
NONE - - - - - - -
2014 0.078 0.086875335 -0.008875335 - - - 12/30/14 11.64
0.41 - - 0.1 0.31 - 11/12/14 12.12
2013 NONE - - - - - - -

Sources of Historic Distributions

Tax Reporting Information

ICI File Layouts

Data for intermediaries who process 1099s for their clients.

Download ICI File

General Mutual Fund Distribution Information

  • All mutual funds must distribute earned income and realized capital gains annually to shareholders.
  • Tax treatment is the same whether shareholders receive cash or reinvested shares.
  • A fund's NAV declines by the distribution amount, but the decline is unrelated to performance since shareholders receive the difference in cash or additional shares.
  • Accurately tracking returns requires increasing the number of shares to account for reductions in NAV when distributions occur.
  • Capital gains reflect appreciation over the full period that the Fund held a security. Distributed gains have no relationship to either that year's Fund performance (a Fund could pay a distribution in a flat return year) or an individual's fund investment (all shareholders as of the distribution date receive the payout regardless of their purchase date or price).

Longleaf Distribution Information

  • Longleaf generally pays capital gains distributions in the first half of November and income in late December.
  • Most Longleaf shareholders reinvest their distributions, thereby maintaining account balances while owning more fund shares.
  • Longleaf generally posts capital gain distribution estimates on the website by mid-October.
  • Tax reporting information is mailed with 1099-DIV forms by early February.
  • Longleaf may penalize those who sell fund shares to avoid a distribution since they place a larger tax burden on remaining owners and potentially disrupt the fund's investment strategy.