2025 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 |
|---|---|---|
| 3/18/2025 | 3/20/2025 | 3/24/2025 |
| 6/17/2025 | 6/20/2025 | 6/24/2025 |
| 9/16/2025 | 9/18/2025 | 9/22/2025 |
| 12/16/2025 | 12/18/2025 | 12/22/2025 |
Annual payment for all equity funds
| Record Date | Ex-Date | Payable Date |
|---|---|---|
| 12/16/2025 | 12/18/2025 | 12/22/2025 |
Capital gains for all funds
| Record Date | Ex-Date | Payable Date |
|---|---|---|
| 12/2/2025 | 12/4/2025 | 12/8/2025 |
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 2025 Dividend Income Distributions
Record Date: March 18, 2025 (close of business)
Ex/Reinvest Date: March 20, 2025
Payment Date: March 24, 2025
| Income Distribution | ||
|---|---|---|
| Fund | Ticker | Per Share |
| Value | CFVLX | $0.1873 |
| MidCap Value | CFMVX | $0.1452 |
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 2024 Net Investment Income Distribution
Record Date: December 17, 2024
Ex/Reinvest Date: December 19, 2024
Payment Date: December 23, 2024
| Income Distribution | ||
|---|---|---|
| Fund | Ticker | Per Share |
| Short Term Government | CFSTX | $0.0188 |
| Growth | CFGRX | $0.0568 |
| MidCap Growth | CFAGX | $0.0393 |
| Value | CFVLX | $0.2082 |
| MidCap Value | CFMVX | $0.1646 |
Please note that this information does not constitute tax advice and, as such, shareholders should consult their tax advisors regarding the tax consequences of their investment activities. In addition, these distribution amounts represent past portfolio results and do not indicate future performance.
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. LLC is the distributor of The Commerce Funds.