DIVIDENDS, DISTRIBUTIONS. Subject to review and approval of the Fund’s Treasurer/Principal Financial Officer, Mellon will perform the following functions: 1. Provide the Fund’s transfer agent, dividend disbursing agent and custodian with such information as is required for such parties to effect the payment of dividends and distributions and to implement the Fund’s dividend reinvestment plan, if any. 2. Calculate income projections and provide such projections to the Fund for completion of the Section 19(a) notices and respond to any questions or issues raised by such projections. 3. Periodically calculate and report each Portfolio’s “investment company taxable income,” “net capital gain” distributions, and realized and unrealized capital gains, and calculate amount of distribution to avoid application of excise tax, in accordance with IRS Subchapter M requirements and the Portfolio’s distribution policies as disclosed in the Portfolio’s prospectus and established by resolution of the Fund’s board of directors/trustees.
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Samples: Fund Accounting and Financial Administration Services Agreement (Delaware Investments Global Dividend & Income Fund Inc), Fund Accounting and Financial Administration Services Agreement (Delaware Group Income Funds), Fund Accounting and Financial Administration Services Agreement (Delaware Group Equity Funds Iii)
DIVIDENDS, DISTRIBUTIONS. Subject to review and approval of the Fund’s 's Treasurer/Principal Financial Officer, Mellon will perform the following functions:
1. Provide the Fund’s 's transfer agent, dividend disbursing agent and custodian with such information as is required for such parties to effect the payment of dividends and distributions and to implement the Fund’s 's dividend reinvestment plan, if any.
2. Calculate income projections and provide such projections to the Fund for completion of the Section 19(a) notices and respond to any questions or issues raised by such projections.
3. Periodically calculate and report each Portfolio’s “the Fund's "investment company taxable income,” “" "net capital gain” " distributions, and realized and unrealized capital gains, and calculate amount of distribution to avoid application of excise tax, in accordance with IRS Subchapter M requirements and the Portfolio’s Fund's distribution policies as disclosed in the Portfolio’s Fund's prospectus and established by resolution of the Fund’s 's board of directors/trusteesmanagers.
Appears in 1 contract
DIVIDENDS, DISTRIBUTIONS. Subject to review and approval of the Fund’s 's Treasurer/Principal Financial Officer, Mellon will perform the following functions:
1. Provide the Fund’s 's transfer agent, dividend disbursing agent and custodian with such information as is required for such parties to effect the payment of dividends and distributions and to implement the Fund’s 's dividend reinvestment plan, if any.
2. Calculate income projections and provide such projections to the Fund for completion of the Section 19(a) notices and respond to any questions or issues raised by such projections.
3. Periodically calculate and report each Portfolio’s “'s "investment company taxable income,” “" "net capital gain” " distributions, and realized and unrealized capital gains, and calculate amount of distribution to avoid application of excise tax, in accordance with IRS Subchapter M requirements and the Portfolio’s 's distribution policies as disclosed in the Portfolio’s 's prospectus and established by resolution of the Fund’s 's board of directors/trustees.
Appears in 1 contract
