PHILADELPHIA, Jan. 13, 2012 /PRNewswire/ -- Aberdeen Emerging
Markets Telecommunications and Infrastructure Fund, Inc. (NYSE
AMEX: ETF) (the "Fund"), a closed-end equity fund, today
announced that it paid on January 13,
2012, a distribution of US $0.03342 per share declared on December 22, 2011 to all shareholders of record
as of December 30, 2011.
Under U.S. tax rules applicable to the Fund, the amount and
character of distributable income for each fiscal year can be
finally determined only as of the end of the Fund's fiscal year.
However, under Section 19 of the Investment Company Act of 1940, as
amended (the "1940 Act") and related Rules, the Fund may be
required to indicate to shareholders the source of certain
distributions to shareholders.
The following table sets forth the estimated amounts of the
sources of the distribution for purposes of Section 19 of the 1940
Act and the Rules adopted thereunder. The table includes estimated
amounts and percentages for this distribution and for the
cumulative distributions paid year to date from the following
sources: net investment income; net realized short-term capital
gains; net realized long-term capital gains; and return of
capital.
|
Estimated
Amounts of Current Distribution
per share
($)
|
Estimated
Amounts of Current Distribution
per share
(%)
|
Estimated
Amounts of Fiscal Year to Date Cumulative Distributions
per share
($)
|
Estimated
Amounts of Fiscal Year to Date Cumulative Distributions
per share
(%)
|
Net
Investment Income
|
$0.03342
|
100%
|
$0.03342
|
100%
|
Net
Realized Short-Term Capital Gains
|
-
|
-
|
-
|
-
|
Net
Realized Long-Term Capital Gains
|
-
|
-
|
-
|
-
|
Return of
Capital
|
-
|
-
|
-
|
-
|
Total
|
$0.03342
|
100%
|
$0.03342
|
100%
|
The amounts and sources of distributions reported are only
estimates and are not being provided for tax reporting
purposes. The final determination of the source of all
distributions in 2011 will be made after year-end. The actual
amounts and sources of the amounts for tax reporting purposes will
depend upon the Fund's investment experience during the remainder
of the fiscal year and may be subject to change based on tax
regulations. The Fund will send you a Form 1099-DIV for the
calendar year that will tell you how to report these distributions
for federal income tax purposes.
Circular 230 disclosure: To ensure compliance with
requirements imposed by the U.S. Treasury, we inform you that any
U.S. tax advice contained in this communication (including any
attachments) is not intended or written to be used, and cannot be
used, for the purpose of (i) avoiding penalties under the Internal
Revenue Code or (ii) promoting, marketing or recommending to
another party any transaction or matter addressed herein.
Closed-end funds have a one-time initial public offering and
then are subsequently traded on the secondary market through one of
the stock exchanges. The investment return and principal value will
fluctuate so that an investor's shares may be worth more or less
than the original cost. Shares of closed-end funds may trade above
(a premium) or below (a discount) the net asset value (NAV) of the
fund's portfolio. There is no assurance that a fund will achieve
its investment objective. Past performance does not guarantee
future results.
If you If you wish to receive this information electronically,
please contact InvestorRelations@aberdeen-asset.com
www.aberdeenetf.com
SOURCE Aberdeen Emerging Markets Telecommunications and
Infrastructure Fund, Inc.