Dividend notice

If a Fund makes a distribution from any source other than net income, it is required to provide shareholders with a notice disclosing the source of such distribution (each a "Notice"). The amounts and sources of distributions reported in each Notice are only estimates and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax purposes will depend on a Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each Fund will send each shareholder a Form 1099 DIV for the calendar year that will provide definitive information on how to report the Fund's distributions for federal income tax purposes. The information in the attached Notices will not be updated to reflect any subsequent recharacterization of dividends and distributions.


Dividend Payable Date Corresponding Notice on Source of Distribution
12/11/2015 December 2015
Dividend Payable Date Corresponding Notice on Source of Distribution
Dividend Payable Date Corresponding Notice on Source of Distribution
12/13/2016 December 2016
12/11/2015 December 2015
Dividend Payable Date Corresponding Notice on Source of Distribution
12/13/2016 December 2016
Dividend Payable Date Corresponding Notice on Source of Distribution
12/11/2015 December 2015
Dividend Payable Date Corresponding Notice on Source of Distribution
12/11/2015 December 2015

Carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Fund’s prospectus, which may be obtained by visiting optimummutualfunds.com/literature or calling 800 914-0278. Investors should read the prospectus and, if available, the summary prospectus carefully before investing.

Investing involves risk, including the possible loss of principal.