Capital Gain Tax Computation

Capital gain distributions (those found in Box 2a, Form 1099-DIV) are treated as long-term capital gains regardless of the period of time the shareholder owned an interest in the fund. Long-term capital gains are generally taxed at different rates than short-term gains and other ordinary income, and the several types of capital gain (such as those found in Boxes 2b, 2c, and 2d on Form 1099-DIV) are themselves taxed at different tax rates.