Estimated Year-End: These are the estimates of a fund's required distributions payable for the end of the current calendar year end. Estimated year-end distributions are only calculated for a selected number of funds and are subject to change.
Ex. Date or Ex-Dividend Date: The date on which the distribution amount per share is deducted from the fund's net asset value per share. The ex-dividend date, also known as the declaration date, is generally the business day after the record date.
Long Term Capital Gain: Capital gain distributions are long-term gains from the sale of securities held for more than one year and are taxed at long-term capital gains tax rates when distributed to shareholders.
NOTE: Unrealized gains on investments - the appreciation in value of securities that are still held by the fund - but have not yet been sold are reflected daily as part of a fund's net asset value but are not required to be distributed until the security is sold.
Non-Qualified Dividends: The investment income earned by the fund from interest and non-qualified dividends less expenses. Non-qualified dividends are taxable at ordinary income tax rates. For federal tax purposes, ordinary income is generally taxed at higher rates than qualified dividends and long-term capital gains. See qualified dividends.
Pay Date or Payable Date: The fund pays customers their proportional shares of the distribution on this date. For Fidelity retail funds, the payable date for distributions paid in cash is normally the business day after the ex-dividend date, except for those funds with daily income distributions. Fidelity fund shares purchased with reinvested distributions usually are credited on the reinvestment date at the fund's 4 p.m. net asset value (NAV) for that date.
Qualified Dividends: Generally, dividends from common stock of domestic corporations and qualifying foreign corporations are taxed at the lower rate attributed to long term capital gains. For shareholders in the 25% or higher federal ordinary income tax brackets, qualified dividends will normally be taxed at a 15% federal income tax rate, subject to certain holding period and hedging restrictions. For shareholders in the bottom two federal ordinary income tax brackets, qualified dividends will be taxed at a 5% federal rate, subject to the same holding period and hedging restrictions.
September 30 Year-End: These are the distribution amounts that would have been required if the fund's required calendar year distribution had been determined on September 30th. The amounts will change based on fund activity occurring after September 30.
Short Term Capital Gain: Distributions of net realized capital gains on securities held less than 1 year. Short term gain distributions are taxed as dividends at ordinary income tax rates. Ordinary income tax rates generally are higher than long-term capital gains tax rates.
NOTE: Unrealized gains on investments - the appreciation in value of securities that are still held by the fund - but have not yet been sold are reflected daily as part of a fund's net asset value but are not required to be distributed until the security is sold.
Status: Indicates the distribution status, September 30 Year-End, Estimated Year-End, or Final Year-End. Beginning in mid-October through January, Fidelity makes available these three different categories of mutual fund distribution information to assist investors with year-end tax planning.
Total Per Share: Indicates the total amount of the distribution per share. For example, if you own 100 shares of Fund X and Fund X has a $.10 total per share distribution, you would receive $10 (100 x .10). By law, mutual funds must pay substantially all net investment income and net capital gains to their investors, who may elect to receive cash or reinvest in additional shares of the fund.
