PHILADELPHIA, Sept. 29, 2017 /PRNewswire/ -- Aberdeen Greater China Fund, Inc. (NYSE: GCH) (the
"Fund"), a closed-end equity fund, today announced that it paid on September 29, 2017, a
distribution of US$0.07298 per share to all shareholders of record as of September 22, 2017.
Under U.S. tax rules applicable to the Fund, the amount and character of distributable income for each fiscal year can be
finally determined only as of the end of the Fund's fiscal year. However, under Section 19 of the Investment Company Act of 1940,
as amended (the "1940 Act") and related Rules, the Fund may be required to indicate to shareholders the source of certain
distributions to shareholders.
The following table sets forth the estimated amounts of the sources of the distribution for purposes of Section 19 of the 1940
Act and the Rules adopted thereunder. The table has been computed based on generally accepted accounting principles. The
table includes estimated amounts and percentages for this distribution and for the cumulative distributions paid relating to
fiscal year to date (01/01/2017 – 08/31/2017), from the following sources: net investment income;
net realized short-term capital gains; net realized long-term capital gains; and return of capital.
|
Estimated
Amounts of
Current
Distribution
per share ($)
|
Estimated
Amounts of
Current
Distribution
per share (%)
|
Estimated
Amounts of Fiscal
Year to Date
Cumulative
Distributions
per share ($)
|
Estimated
Amounts of Fiscal
Year to Date
Cumulative
Distributions
per share (%)
|
Net Investment Income
|
$0.07298
|
100%
|
$0.07298
|
100%
|
Net Realized Short-Term Capital Gains*
|
-
|
-
|
-
|
-
|
Net Realized Long-Term Capital Gains
|
-
|
-
|
-
|
-
|
Return of Capital
|
-
|
-
|
-
|
-
|
Total (per common share)
|
$0.07298
|
100%
|
$0.07298
|
100%
|
The amounts and sources of distributions reported are only estimates and are not being provided for tax reporting
purposes. The final determination of the source of all distributions in 2017 will be made after year-end. The actual
amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the
remainder of the fiscal year and may be subject to change based on tax regulations. The Fund will send you a Form 1099-DIV for
the calendar year that will tell you how to report these distributions for federal income tax purposes.
Circular 230 disclosure: To ensure compliance with requirements imposed by the U.S. Treasury, we
inform you that any U.S. tax advice contained in this communication (including any attachments) is not intended or written to be
used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing
or recommending to another party any transaction or matter addressed herein.
Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and
principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of
closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no
assurance that the Fund will achieve its investment objective. Past performance does not guarantee future results.
If you wish to receive this information electronically, please contact InvestorRelations@aberdeen-asset.com
aberdeengch.com
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SOURCE Aberdeen Greater China Fund, Inc.