Blue Chip Value Fund Declares First Quarter Distribution
April 01 2009 - 2:07PM
Business Wire
The Directors of Blue Chip Value Fund, Inc. have declared a
distribution of $0.07 per share. This distribution is payable April
24, 2009, to stockholders of record on April 9, 2009 and will have
an ex-dividend date of April 7, 2009. The Fund�s Distribution Plan
includes a quarterly distribution equal to 2.5% of its Net Asset
Value, rounded to the nearest penny.
The following table sets forth the estimated amounts of the
current distribution and the cumulative distributions paid this
fiscal year to date from the following sources: net investment
income; net realized short term capital gains; net realized long
term capital gains; and return of capital.
Sources of Distribution
� �
Current Distribution ($)
�
% Breakdown of the Current
Distribution
�
Total Cumulative Distributions for
the Fiscal Year to Date ($)
�
% Breakdown of the Total
Cumulative Distributions for the Fiscal Year to Date
Net Investment Income � $0.0028 � 4.00% � $0.0028 � 4.00% Net
Realized Short Term Capital Gains �
$0.0000
�
0.00%
�
$0.0000
�
0.00%
Net Realized Long Term Capital Gains �
$0.0000
�
0.00%
�
$0.0000
�
0.00%
Return of Capital � $0.0672 � 96.00% � $0.0672 � 96.00% Total (per
common share) �
$0.07
�
100%
�
$0.07
�
100%
�
� � � �
Average annual total return (in
relation to NAV) for the 5 years ending March 31, 2009
(4.89%)
Annualized current distribution
rate expressed as a percentage of NAV as of March 31, 2009
10.41%
�
Cumulative total return (in
relation to NAV) for the fiscal year through March 31, 2009
(6.92%)
Cumulative fiscal year
distributions as a percentage of NAV as of March 31, 2009
2.60%
�
�
You should not necessarily draw any conclusions about the Fund�s
investment performance from the amount of this distribution or from
the terms of the Fund�s Distribution Plan.
The Fund estimates that it has distributed more than its income
and net realized capital gains; therefore, a portion of your
distribution may be a return of capital. A return of capital may
occur, for example, when some or all of the money that you invested
in the Fund is paid back to you. A return of capital distribution
does not necessarily reflect the Fund�s investment performance and
should not be confused with �yield� or �income�.
The amounts and sources of distributions reported in this notice
are only estimates and are not being provided for tax reporting
purposes. The actual amounts and sources of the amounts for tax
reporting purposes will depend upon the Fund�s investment
experience during the remainder of its fiscal year and may be
subject to changes based on tax regulations. The Fund or your
financial intermediary 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.
For additional information on the Fund please visit
www.blu.com.
Blue Chip Value Fund, Inc. (NYSE:BLU)
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