AdvisorShares April 2023 Distributions Announcement
April 25, 2023
AdvisorShares announced April 2023 income distributions for ETFs that pay monthly or quarterly distributions. Shareholders of record on April 25, 2023 will receive cash distributions paid on April 28, 2023 in the following amounts:
|ETF Name||Ticker||Distribution Amount|
|AdvisorShares Newfleet Multi-Sector Income ETF||MINC||$ 0.12348/per share|
For Non-Resident Alien (“NRA”) shareholders who are normally subject to a 30% (or lower tax treaty rate depending on the country) NRA withholding tax on ETF dividend income and short-term capital gain dividends (unless such dividends are designated as exempt from NRA withholding tax), the following percentage of ETF distributions have been designated as exempt:
- AdvisorShares Newfleet Multi-Sector Income ETF (MINC) – 99.31%
Dividends are not guaranteed and are subject to change. For tax advice, please seek an independent tax professional.