Distribution History
Jensen Quality Growth Fund
As a result of the Jensen Quality Growth Fund's long-term investment strategy, turnover in the Fund has been low and over the years capital gains distributions have been infrequent. The table below shows the Fund's total distributions over the last five years. In taxable accounts, low capital gains can potentially increase long-term results and allow investors to benefit from enhanced net returns and accelerated compounded growth.
2011 Capital Gains Distributions
The Jensen Quality Growth Fund did not make any long-term capital gains distributions for 2011.
An Ordinary Income Dividend Distribution was paid to shareholders on December 22, 2011. The record date, ex-dividend date, and payable/reinvestment date were as follows:
Record Date: December 21, 2011
Ex-dividend Date: December 22, 2011
Payable/Reinvestment Date: December 22, 2011
Ordinary Income Dividend Distributions by Share Class:
Class J - $0.072 per share
Class R - $0.059 per share
Class I - $0.095 per share
The closing net asset value (NAV) for each share class on December 22, 2011 was reduced by the amount of the distribution, plus or minus any market activity for the day. As always, please consult your tax advisor for information specific to your particular situation.
Jensen Value Fund
An Ordinary Income Dividend Distribution was paid to shareholders on December 22, 2011. The record date, ex-dividend date, and payable/reinvestment date were as follows:
Record Date: December 21, 2011
Ex-dividend Date: December 22, 2011
Payable/Reinvestment Date: December 22, 2011
Ordinary Income Dividend Distributions by Share Class:
Class J - $0.039 per share
Class I - $0.045 per share
A Short-Term Capital Gains Distribution was paid to shareholders on December 22, 2011. The record date, ex-dividend date, and payable/reinvestment date were as follows:
Record Date: December 21, 2011
Ex-dividend Date: December 22, 2011
Payable/Reinvestment Date: December 22, 2011
Short-Term Capital Gains Distributions by Share Class:
Class J - $0.427 per share
Class I - $0.427 per share
A Long-Term Capital Gains Distribution was paid to shareholders on December 22, 2011. The record date, ex-dividend date, and payable/reinvestment date were as follows:
Record Date: December 21, 2011
Ex-dividend Date: December 22, 2011
Payable/Reinvestment Date: December 22, 2011
Long-Term Capital Gains Distributions by Share Class:
Class J - $0.167 per share
Class I - $0.167 per share
The closing net asset value (NAV) for each share class on December 22, 2011 was reduced by the amount of these distributions, plus or minus any market activity for the day. As always, please consult your tax advisor for information specific to your particular situation.
