BETHESDA, Md., Oct. 31, 2016 /PRNewswire/
-- AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), today announced October 2016 income distributions for ETFs that pay monthly dividends. Shareholders of record on October 27, 2016 will receive cash distributions paid on October 31, 2016 in the
following amounts:
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 Pacific Asset Enhanced Floating Rate ETF (FLRT) – 100%
- AdvisorShares Madrona Global Bond ETF (FWDB) – 50.90%
- AdvisorShares Sage Core Reserves ETF (HOLD) – 100%
- AdvisorShares Peritus High Yield ETF (HYLD) – 90.90%
- AdvisorShares Newfleet Multi-Sector Income ETF (MINC) – 96.94%
For financial professionals and investors requesting more information, please visit www.advisorshares.com or call the AdvisorShares Investment Consultant Team at 1-877-THE-ETF1
(1-877-843-3831).
About AdvisorShares
A leading provider in the actively managed ETF marketplace, AdvisorShares offers 23 active ETFs with over $1.1 billion of assets under management (as of October 28, 2016). Visit www.advisorshares.com to register for free weekly economic
commentary. Visit www.alphabaskets.com for educational
insight into the active ETF marketplace, and follow @AdvisorShares on Twitter and on Facebook.
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 the Fund's website at www.AdvisorShares.com. Please read the prospectus carefully before you
invest.
Foreside Fund Services, LLC, distributor.
An investment in ETFs 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. The Funds may not be suitable for all investors.
Logo - http://photos.prnewswire.com/prnh/20110909/PH64986LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/advisorshares-announces-october-2016-distributions-300354074.html
SOURCE AdvisorShares