The Funds listed below have declared capital gain distributions to be paid on various dates in December 2021, as described below:

Important Dates Related to Capital Gain Distributions

Aquila Distributors LLC does not provide accounting, tax or legal advice. Shareholders should seek tax advice based upon their particular situation.

Printable Version

1Based on the number of shares outstanding.
2Distributions as a percentage of net asset value (NAV) shown are for Class A shares. Percentages for other share classes may differ.
3This distribution is in addition to the capital gains distributed on 9/30/2021 (Short-term capital gain per share: $0.72078; Long-term capital gain per share: $7.68118; Total capital gain per share: $8.40196).

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