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The Gabelli Food of All Nations NextShares™ Declares Year End Distribution of $0.1993 Per ShareGabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (NYSE: GBL) ("GAMCO"), announced The Gabelli Food of All Nations NextShares (NASDAQ: FOANC) will pay a $0.1993 per share year end distribution payable on December 14, 2018 to shareholders of record on December 10, 2018. All or part of the distribution may be treated as qualified dividend income for individuals, subject to the maximum federal income tax rate, which is currently 20% in taxable accounts for individuals (or zero depending on an individual's tax bracket). In addition, certain U.S. shareholders who are individuals, estates, or trusts and whose income exceeds certain thresholds will be required to pay a 3.8% Medicare surcharge on their "net investment income," which includes dividends and short-term capital gains received from the Fund. Th sources of the distribution are $0.1993 per share designated as ordinary income The final determination of the proportion of capital gains and ordinary income distributed in 2018 will be made after year end. All taxable shareholders will receive written notification regarding the components and tax treatment for all 2018 distributions in early 2019 via Form 1099-DIV. All investments are subject to risks, including possible loss of principal. Please carefully consider the investment objectives, risks, charges, and expenses of Gabelli Food of All Nations NextShares before investing. Please carefully read a copy of the Gabelli Food of All Nations NextShares' prospectus before investing, which contains this and other information about Gabelli Food of All Nations NextShares; you can obtain a copy of the prospectus by calling 800-GABELLI (422-3554). Not FDIC Insured. Not Bank Guaranteed. May Lose Value. NextSharesTM is a trademark of NextShares Solutions LLC. All Rights Reserved. Creation units of Gabelli NextShares will be distributed by G.distributors, LLC, an affiliate of Gabelli Funds, LLC, the investment advisor to Gabelli NextShares View source version on businesswire.com: https://www.businesswire.com/news/home/20181206005879/en/ |
