The funds listed below may pay a capital gain distribution in December, 2016. The amount reflected represents an estimate, per share, as of the date indicated. Printable version
Aquila Three Peaks Opportunity Growth Fund1 $0.00 $0.01
Aquila Tax-Free Trust of Arizona2 $0.00 $0.01
Aquila Tax-Free Fund For Utah2 $0.00 $0.01
1 Includes undistributed realized gains from last fiscal year of $117,242 which must be distributed in 2016. The preliminary distribution amount above can be reduced by any losses realized by October 31, 2016.
2 Represents undistributed realized gains from fiscal 2016 which must be distributed.
Aquila Three Peaks Opportunity Growth Fund: In the event that capital gains distributions are declared, the fund is anticipated to have a record date of December 1, 2016, an ex-date of December 2, 2016, a payable date of December 2, 2016, and a reinvestment date of December 2, 2016.
All Other Funds: In the event that capital gains distributions are declared, the funds are anticipated to have a record date of December 29, 2016, an ex-date of December 30, 2016, a payable date of December 30, 2016, and a reinvestment date of December 30, 2016.
Estimates are subject to change depending on market conditions, board approvals, and other circumstances. This report is the result of estimates and is based on information available as of September 30, 2016. The amount and character of distributions will be finalized on the record dates.
Although the funds listed below could pay capital gains distributions in December, 2016, at this time, a capital gain distribution is not anticipated.
Aquila Tax-Free Fund of Colorado
Hawaiian Tax-Free Trust
Aquila Churchill Tax-Free Fund of Kentucky
Aquila Narragansett Tax-Free Income Fund (RI)
Aquila Tax-Free Trust of Oregon
Aquila Three Peaks High Income Fund
Shares of the Funds may only be sold by offering the Funds’ Prospectus. Before investing in a Fund, carefully read about and consider the investment objectives, risks, charges, expenses, and other information found in the Fund prospectus. The prospectus is available from your financial advisor, and when you call 800-437-1020 or visit www.aquilafunds.com.