Babson Global Credit Income Opportunities Fund Announces Estimated 2014 Year-End Dividend
CHARLOTTE, N.C., Dec. 12, 2014 /PRNewswire/ -- Babson Global Credit Income Opportunities Fund (the "Fund") today announced an estimated 2014 year-end dividend distribution, payable on December 31, 2014. The Fund anticipates that this distribution will be paid from net investment income and short-term capital gains.
The following information applies to the estimated dividend calculation:
Babson Global Credit |
||||||
Income Opportunities Fund |
Ex-Date |
Record Date |
Payable Date |
NII |
Short Term Cap. Gains |
Total Dividend |
Class A (BXIAX) |
12/30/2014 |
12/29/2014 |
12/31/2014 |
0.234 |
0.124 |
0.358 |
Class C (BXICX) |
12/30/2014 |
12/29/2014 |
12/31/2014 |
0.234 |
0.124 |
0.358 |
Class Y (BXIYX) |
12/30/2014 |
12/29/2014 |
12/31/2014 |
0.234 |
0.124 |
0.358 |
Class I (BXIIX) |
12/30/2014 |
12/29/2014 |
12/31/2014 |
0.234 |
0.124 |
0.358 |
The amounts and sources of distributions reported are only estimates and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send to investors, a Form 1099-DIV for the calendar year that will define how to report these distributions for federal income tax purposes.
Cautionary Notice: Certain statements contained in this press release may be "forward looking" statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date in which they are made and which reflect management's current estimates, projections, expectations or beliefs, and which are subject to risks and uncertainties that may cause actual results to differ materially. These statements are subject to change at any time based upon economic, market or other conditions and may not be relied upon as investment advice or an indication of the fund's trading intent. References to specific securities are not recommendations of such securities, and may not be representative of the fund's current or future investments. We undertake no obligation to publicly update forward looking statements, whether as a result of new information, future events, or otherwise.
Before investing you should consider carefully the Fund's investment objectives, risks, charges and expenses. A prospectus, which contains this and other information, can be obtained by calling 1.855.439.5459. Read the prospectus carefully before investing.
ALPS Distributors, Inc. is the distributor for the Babson Capital mutual funds. Shares of the funds are offered by Babson Capital Securities LLC, an affiliated broker dealer of Babson Capital Management LLC. ALPS and Babson Capital Management are separate and unaffiliated.
About Babson Capital Management
Babson Capital Management LLC (Babson) is a leading global asset management firm with over $206 billion in assets under management as of September 30, 2014. Through proprietary research, analysis and a focus on investment fundamentals, the firm and its global affiliates develop products and strategies that leverage its broad expertise in global fixed income, structured products, middle market finance, commercial real estate, alternatives and equities. A member of the MassMutual Financial Group, Babson maintains a strong global footprint with operations on four continents and clients in over 20 countries. Learn more at www.babsoncapital.com
Contact:
Brian Whelan, Babson Capital Management, 704.805.7244, [email protected]
BCM000218 12/31/2015
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SOURCE Babson Capital Management LLC
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