Blue Chip Value Fund Announces Trading Halt and Declares Final Dividend
March 04 2011 - 2:02PM
Business Wire
In preparation for its reorganization into Westcore Blue Chip
Fund, the Directors of Blue Chip Value Fund, Inc. (NYSE: BLU)
announced that the last day of trading in Blue Chip Value Fund (the
“Fund”) stock will be on Thursday, March 17, 2011. Trading will be
suspended during the period from the opening of business on Friday,
March 18, 2011 through the closing of the reorganization and during
that time there will be no market for selling or purchasing shares
of the Fund. The reorganization is expected to occur on or about
March 25, 2011.
The Directors of the Fund have also declared its liquidating
distribution of $0.0159 per share. This distribution is payable in
cash on March 22, 2011, to stockholders of record as of the close
of business on March 15, 2011 and will have an ex-dividend date of
March 11, 2011. While the Fund cannot make a final determination as
to the source of the distribution until it completes its
reorganization into the Westcore Blue Chip Fund, it anticipates
that the source of the distribution will be from net investment
income. If it is determined that a portion of the distribution is
from other than net investment income, the Fund will clarify those
sources when it completes the reorganization.
The amount and source of this distribution as reported in
this notice is only an estimate and is not being provided for tax
reporting purposes. The actual sources and amounts for tax
reporting purposes will depend upon the Fund’s investment
experience prior to its reorganization into Westcore Blue Chip
Fund. The Fund or your financial intermediary will send you the
appropriate tax form(s) that will tell you how to report this
distribution for federal income tax purposes.
This communication is not intended to, and shall not, constitute
an offer to purchase or sell shares of the Fund or Westcore Blue
Chip Fund.
Before making any investment decision, please read the
prospectus/proxy statement relating to the reorganization carefully
because it contains important information (including investment
objectives, policies, strategies, fees, expenses and risk
considerations). Free copies of the prospectus/proxy statement are
available by calling (800) 624-4190 or visiting www.blu.com or the
SEC website (http://www.sec.gov). If you have questions, please
call (800) 392-2673 or visit www.westcore.com.
Westcore Funds are distributed by ALPS Distributors, Inc. An
investor should consider investment objectives, risks, charges and
expenses of the Westcore Blue Chip Fund carefully before investing.
To obtain a prospectus, which contains this and other important
information about the Westcore Blue Chip Fund, please call
1-800-392-CORE (2673) or visit us online at www.westcore.com.
Please read the prospectus carefully before investing.
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