What is a mutual fund distribution?
When a mutual fund realizes profits from capitals gains, dividends, or interest, the IRS requires the fund to distribute these profits to shareholders at least annually. The payment is called a “distribution” to the shareholder.
Estimated 2015 Paradigm Fund Distributions
As of December 22, 2015, the managers of the Paradigm Funds estimate potential 2015 taxable short-term and long-term gains distributions as follows:
Paradigm Value Fund (PVFAX)
Short-Term: $0.26 per share
Long-Term: $5.72 per share
Ordinary Income: $0.00
Paradigm Micro-Cap Fund (PVIVX)
Short-Term: $0.00 per share
Long-Term: $0.31 per share
Ordinary Income: $0.00
Paradigm Select Fund (PFSLX)
Short-Term: $0.32 per share
Long-Term: $2.40 per share
Ordinary Income: $0.00
Paradigm Opportunity Fund (PFOPX)
Short-Term: $0.00 per share
Long-Term: $0.00 per share
Ordinary Income: $0.00
Actual distributions may vary from these estimates. Distributions, if any, will be payable on December 30 with a record and ex-date of December 29.