As of December 31, 2025, taxable short-term and long-term gains distributions were as follows:

Short Term/Per ShareLong Term/Per ShareDividend
Paradigm Value Fund (PVFAX)$0.00$10.013*$0.00
Paradigm Select Fund (PFSLX)$0.00$0.128$0.00
Paradigm Micro-Cap Fund (PVIVX)$0.00$7.141$0.00

Paradigm Value, Select and Micro-Cap Funds:
Ex Date12/30/2025
Pay Date12/30/2025
Record Date12/29/2025

* Equalization calculation adjustment for the Value Fund was $381k or 4.6% of Long-Term gains.