The Emergency Economic Stabilization Act of 2008 requires the reporting of mutual fund cost basis and holding period information to both the Internal Revenue Service (IRS) and shareholders on Form 1099B for gross redemption proceeds from shares acquired on or after January 1, 2012 (“covered shares”).   Beginning with the 2012 tax year, Form 1099B will provide the cost basis calculation method applicable to shares acquired after January 1, 2012 and subsequently redeemed, and the purchase date of those shares.  

Consult Your Tax Adviser
We strongly encourage you to consult your professional tax adviser prior to making a Cost Basis Reporting election or redeeming shares, in order to discuss any questions you may have about your Cost Basis Reporting options. 

Neither the Funds nor the Shareholder Servicing Agent are able to provide you with tax or legal advice.