How often does the Fund pay dividends?
Dividends are declared daily and paid monthly. Unless you specifically request otherwise, your dividends and distributions will be reinvested automatically for you in full and fractional shares of the Fund at the then current Net Asset Value per share, without any sales charge and will compound tax-free. You can, of course, if you wish, have any or all of the dividends or distributions paid to you by check each month, or electronically transferred to your personal bank account. Alternatively, you may direct all of your distributions to another one of your existing accounts in the Aquila Group of Funds.
