Each of our Funds has provided regular distributions since inception. We're proud of this track record, which was achieved over a period when some competing income products reduced or cut their payouts.

But we strive to go beyond sustainability to make our distributions tax advantaged – because performance is best judged after inflation and after tax. At year end, we report the distribution tax deferral rate for each Fund to make it easy for you and your advisor to gauge the tax effectiveness of your investment.