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Alt yahoo finance11/28/2023 GAAP"), and, as a result, there may be significant differences between the Trust’s GAAP income and its taxable income. ![]() The Trust’s investments in CLOs are subject to complex tax rules and the calculation of taxable income attributed to an investment in CLO subordinated notes can be dramatically different from the calculation of income for financial reporting purposes under accounting principles generally accepted in the United States ("U.S. For further information regarding the Trust’s distributions, please visit The Trust’s net investment income and capital gain can vary significantly over time however, the Trust seeks to maintain more stable common share monthly distributions over time. Shareholders should not assume that the source of a distribution from the Trust is net income or profit. The specific tax characteristics of the distributions will be reported to the Trust’s common shareholders on Form 1099 after the end of the 2023 calendar year. You should review your particular circumstances with your independent legal and tax advisors.Common share distributions may be paid from net investment income (regular interest and dividends), capital gains and/or a return of capital. and its affiliates do not provide legal or tax advice to clients. This information is being used to support the promotion or marketing of the planning strategies discussed herein. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is not intended to be tax or legal advice. Please review the privacy and security policies of web sites reached through links from BMO web sites. Links to other web sites do not imply the endorsement or approval of such web sites. Third party web sites may have privacy and security policies different from BMO. If the requested information is not provided within 30 calendar days, the account will be subject to closure. The information you provide in this form may be used to perform a credit check and verify your identity by using internal sources and third party vendors. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. For each business or entity that opens an account, we will ask for your name, address and other information that will allow us to identify the entity. We may also ask you to provide a copy of your driver's license or other identifying documents. When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. 107 56 signed into law October 26, 2001) requires all financial organizations to obtain, verify and record information that identifies each person who opens an account. To help the government fight the funding of terrorism and money laundering activities, federal law (USA Patriot Act (Title III of Pub. and other countries.Īndroid, Google Play, and the Google Play logo are trademarks of Google Inc.īanking products and services are subject to bank and credit approval and are provided in the United States by BMO Bank N.A. ![]() Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. App Store is a service mark of Apple Inc.
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