2008 Corporate Dividends Received Deduction
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Mutual fund dividends derived from certain domestic corporations may be eligible for the dividends received deduction (DRD) for corporations. A portion of the ordinary income dividend paid by the Funds listed below in 2008 may qualify for this deduction. The table below shows the portion of the ordinary dividends attributable to such domestic corporations for each of the Funds for 2008.
  

Fund Percentage of DRD
Diversified Growth 84.95%
Equity Index 81.86%
Focused Growth 79.53%
Global Tactical Asset Allocation 16.09%
Small Company Growth 16.58%
Small Company Index 4.83%

 

If you have any questions, contact your Relationship Consultant, or call the Northern Institutional Funds Center at 800/637-1380 weekdays from 7:00 a.m. to 7:00 p.m. CT. 

 
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