May 7, 1996
TO: ACCOUNTING/TREASURERS COMMITTEE No. 16-96
RE: DISTRIBUTION NOTICE SURVEY
______________________________________________________________________________
Questions have risen regarding the requirements under 19 of the Investment Company
Act for disclosing the sources of distributions on dividend notices and whether any possible
differences between the 19 notice requirements and the tax reporting requirements are
confusing to shareholders. To determine industry practice and assess whether clarification or
revision of 19 is appropriate, we ask that you complete the attached survey. All individual fund
company data will be kept confidential. Aggregate survey results will be provided to members
participating in the survey and you will receive an update on the status of the survey at the
June meeting of the Accounting/Treasurers Committee.
All survey responses and any attachments should be mailed to the undersigned at the
address below no later than May 31. Thank you for your cooperation.
Gregory M. Smith
Director - Operations/
Compliance & Fund Accounting
Attachment