Commerce Funds Distributions
2024 Income and Capital Gain Distribution Dates for the Commerce Funds
Quarterly Payments for Commerce Value and MidCap Value Funds
Record Date | Ex-Date | Payable Date |
---|---|---|
3/19/2024 | 3/21/2024 | 3/25/2024 |
6/18/2024 | 6/20/2024 | 6/24/2024 |
9/24/2024 | 9/26/2024 | 9/30/2024 |
12/17/2024 | 12/19/2024 | 12/23/2024 |
Annual Payment for all Equity Funds
Record Date | Ex-Date | Payable Date |
---|---|---|
12/17/2024 | 12/19/2024 | 12/23/2024 |
Capital Gains for all funds
Record Date | Ex-Date | Payable Date |
---|---|---|
12/3/2024 | 12/5/2024 | 12/9/2024 |
Commerce Funds Actual 2024 Year-End Capital Gains Distributions
Record Date: December 3, 2024
Ex/Reinvest Date: December 5, 2024
Payment Date: December 9, 2024
Per Share | ||
---|---|---|
Fund | Short-Term Gain (Taxable as Ordinary Income) |
Long-Term Gain (Taxable at Long-Term Tax Rates) |
Growth | 0.7490 | 4.5685 |
Value | 0.4345 | 1.4552 |
MidCap Growth | 0.2152 | 4.5131 |
MidCap Value | 0.9702 | 0.0173 |
Bond | None | None |
Short-Term Government | None | None |
National Tax-Free Intermediate Bond | None | None |
Missouri Tax-Free Intermediate Bond | None | None |
Kansas Tax-Free Intermediate Bond | None | None |
Commerce Funds March 2024 Dividend Income Distributions
Record Date: March 19, 2024 (close of business)
Ex/Reinvest Date: March 21, 2024
Payment Date: March 25, 2024
Income Distribution | ||
---|---|---|
Fund | Ticker | Per Share |
Value | CFVLX | $0.1792 |
MidCap Value | CFMVX | $0.1012 |
Commerce Funds June 2024 Dividend Income Distributions
Record Date: June 18, 2024 (close of business)
Ex/Reinvest Date: June 20, 2024
Payment Date: June 24, 2024
Income Distribution | ||
---|---|---|
Fund | Ticker | Per Share |
Value | CFVLX | $0.1828 |
MidCap Value | CFMVX | $0.1284 |
Commerce Funds September 2024 Dividend Income Distributions
Record Date: September 24, 2024 (close of business)
Ex/Reinvest Date: September 26, 2024
Payment Date: September 30, 2024
Income Distribution | ||
---|---|---|
Fund | Ticker | Per Share |
Value | CFVLX | $0.1975 |
MidCap Value | CFMVX | $0.1305 |
Commerce Funds December 2023 Net Investment Income Distribution
Record Date: December 19, 2023
Ex/Reinvest Date: December 21, 2023
Payment Date: December 26, 2023
Income Distribution | ||
---|---|---|
Fund | Ticker | Per Share |
Short Term Government | CFSTX | $0.0615 |
Growth | CFGRX | $0.1202 |
MidCap Growth | CFAGX | $0.1392 |
Value | CFVLX | $0.1905 |
MidCap Value | CFMVX | $0.0925 |
For income distribution information on Commerce Funds that distribute income monthly, please call us at 1-800-995-6365.
IRS Circular 230 disclosure: Commerce Bank does not provide legal, tax or accounting advice. Any statement contained in this communication concerning U.S. tax matters was not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code, and was written to support the promotion or marketing of the transaction(s) or matter(s) addressed. Clients of Commerce Bank should obtain their own independent tax advice based on their particular circumstances.
Footnotes:
The MidCap Growth Fund may invest in stocks of smaller companies. Stocks of smaller companies are often more volatile and present greater risks than stocks of larger companies. At times the Fund may be unable to sell the securities it holds without a substantial drop in its price, if at all.
The Short-Term Government Fund's net asset value and yield are not guaranteed by the U.S. Government or by its agencies, instrumentalities or sponsored enterprises.
The tax-free funds' investments may subject shareholders to federal alternative minimum tax. Income from the National Tax-Free Intermediate Bond Fund may be subject to state income tax. Commerce Investment Advisors, Inc., a subsidiary of Commerce Bank, and serves as investment advisor to The Commerce Funds and receives a fee for its services. Goldman, Sachs & Co. is the distributor of The Commerce Funds.
A prospectus for the Commerce Funds containing more complete information may be obtained by calling 1-800-995-6365 or by downloading it from this website. Please consider a Fund's objectives, risks, and charges and expenses, and read the prospectus carefully before investing. The prospectus contains this and other information about the Fund.
The mutual funds referred to in this Web site are offered and sold only to persons residing in the United States and are offered by prospectus only. The prospectus contains more complete information about the funds, including charges and expenses, and should be read carefully before investing.
The method of calculation of the 30-Day Standardized Subsidized Yield is mandated by the Securities and Exchange Commission and is determined by dividing the net investment income per share earned during the last 30 days of the period by the maximum public offering price (“POP”) per share on the last day of the period. This number is then annualized. The 30-Day Standardized Subsidized Yield reflects fee waivers and/or expense reimbursements recorded by the Fund during the period. Without waivers and/or reimbursements, yields would be reduced. This yield does not necessarily reflect income actually earned and distributed by the Fund and, therefore, may not be correlated with the dividends or other distributions paid to shareholders. The 30-Day Standardized Unsubsidized Yield does not adjust for any fee waivers and/ or expense reimbursements in effect. If the Fund does not incur any fee waivers and/or expense reimbursements during the period, the 30-Day Standard Subsidized Yield and 30-Day Standardized Unsubsidized Yield will be identical.