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.
Longleaf Partners International Fund
|Year||Total||Net Income||Foreign Tax Credit||ST Gains||LT Gains||Return Cap||Ex-Date||Reinvest|
View the 2016 Net Income Distribution information.
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.