Press Releases
Author: Frank Holmes
Date Posted: December 21, 2023
Read time: 2 min
U.S. Global Investors, Inc. announces that one of the mutual funds it manages will pay 2023 income dividend and/or capital gains distributions.
The record date is December 20, 2023, the ex-dividend date is December 21, 2023, and the payable date is December 22, 2023.
Shareholders should be aware that the distributions of dividends and/or capital gains will reduce each fund’s net asset value (NAV) by the amount of the distribution. Market activity may also impact a fund’s NAV on the ex-dividend date, so the total change in a fund’s NAV may be more or less than its distribution.
Shareholders with automatic reinvestment will receive their distribution in the form of additional shares, while others will receive their distribution by check. The distributions do not affect the fund’s total return.
Below are the per share distribution amounts.
| FUND | INCOME DIVIDEND PER SHARE | SHORT-TERM CAPITAL GAINS PER SHARE | LONG-TERM CAPITAL GAINS PER SHARE |
|---|---|---|---|
| Global Luxury Goods Fund (USLUX) | $ 0.007775 | $ 0.157442 | $ 0.355024 |
Fund distributions are not directly correlated with short-term fund performance. This information is not intended as tax advice. Investors should consult a tax advisor with questions regarding their individual tax liability.
Please consider carefully a fund’s investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting www.usfunds.com or by calling 1-800-US-FUNDS (1-800-873-8637). Read it carefully before investing. Foreside Fund Services, LLC, Distributor. U.S. Global Investors is the investment adviser.
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. There is no guarantee that the funds will declare dividends in the future or that, if declared, will remain at current levels or increase over time.
Companies in the consumer discretionary sector are subject to risks associated with fluctuations in the performance of domestic and international economies, interest rate changes, increased competition and consumer confidence. The performance of such companies may also be affected by factors relating to levels of disposable household income, reduced consumer spending, changing demographics and consumer tastes, among others.
