Long-Term Capital Gains Distributions
A long-term capital gains distribution was paid to shareholders on November 13, 2025. The record, ex-dividend, and payable/reinvestment dates are as follows:
Jensen Quality Mid Cap Fund
- Record Date: November 12, 2025
- Ex-dividend Date: November 13, 2025
- Payable/Reinvestment Date: November 13, 2025
Long-Term Capital Gains Distributions by Share Class:
- Class I: $1.79 per share
- Class J: $1.79 per share
- Class Y: $1.79 per share
The Fund’s long-term capital gains distributions this year is $1.79/share, compared to $1.10/share paid in 2024.
Short-Term Capital Gains Distributions
The Jensen Quality Mid Cap Fund did not pay a short-term capital gains distribution to shareholders in 2025.
Ordinary Income Dividend Distributions
An ordinary income dividend distribution was paid to shareholders on November 13, 2025. The record, ex-dividend, and payable/reinvestment dates are as follows:
Jensen Quality Mid Cap Fund
- Record Date: November 12, 2025
- Ex-dividend Date: November 13, 2025
- Payable/Reinvestment Date: November 13, 2025
Ordinary Income Dividend Distributions by Share Class:
- Class I: $0.03 per share
- Class J: $0.02 per share
- Class Y: $0.03 per share
The closing net asset value (NAV) for each share class on November 13, 2025, was reduced by the amount of the distribution, plus or minus any market activity for the day. As always, please consult your tax adviser for information specific to your particular situation.
Additional Reminders About Distributions
- Distributions may also be subject to state and local income taxes.
- Selling or exchanging shares just prior to an anticipated distribution and buying them back later may trigger wash sale consequences, depending on the timing of the transactions.
- A purchase of shares just prior to a dividend or capital gain distribution results in a portion of the purchase price being returned to the investor as a taxable distribution.
- Corporations, trusts, partnerships and other types of entities that own fund shares may have special tax considerations.
Please remember that this material is only a general discussion of capital gains and federal income tax matters, provided for educational and informational purposes only, and it is not intended as tax or investment advice or for use to avoid penalties that may be imposed under U.S. federal tax laws. Each investor’s tax and investment considerations may be different. If you have additional questions, please call your financial adviser or tax consultant.
The data shown above does not include estimates of payments of dividends from net investment income (which are taxed to individuals as ordinary income).
We thank you for your continued support of the Jensen Quality Mid Cap Fund and invite any questions you may have.
Please click here for a current Jensen Quality Mid Cap Fund prospectus.
The Jensen Quality Mid Cap Fund invests in mid and smaller capitalization companies, which involve additional risks such as limited liquidity and greater volatility.
Mutual fund investing involves risk; loss of principal is possible.
The Jensen Quality Mid Cap Fund is distributed by Quasar Distributors, LLC.