AdvisorShares March 2023 Distributions Announcement
March 21, 2023
AdvisorShares announced March 2023 income distributions for ETFs that pay monthly or quarterly distributions. Shareholders of record on March 22, 2023 will receive cash distributions paid on March 30, 2023 in the following amounts:
|ETF Name||Ticker||Distribution Amount|
|AdvisorShares Sage Core Reserves ETF||HOLD||$0.2747/per share|
|AdvisorShares Newfleet Multi-Sector Income ETF||MINC||$ 0.1475/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 Sage Core Reserves ETF (HOLD) – 100%
- AdvisorShares Newfleet Multi-Sector Income ETF (MINC) – 89.06%
Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting www.advisorshares.com. Please read the prospectus carefully before you invest. Foreside Fund Services, LLC, distributor.
An investment in the Funds is subject to risk, including the possible loss of principal amount invested. The risks associated with each Fund include the risks associated with the underlying ETFs, which can result in higher volatility, and are detailed in each Fund’s prospectus and on each Fund’s webpage.