Dividends-received deduction for corporations

Corporate shareholders generally may take the dividends-received deduction on qualified dividends received from certain Optimum Funds, as long as the mutual fund shares generating the dividend generally have been held for 45 days.

To determine the amount that qualifies for the deduction, multiply the appropriate percentage below by your total ordinary distributions received from the Fund during calendar year 2023.

Percentage of ordinary dividends eligible for dividends-received deduction for 2023

Fund                           Share Class Percentage of ordinary dividends             
Optimum Large Cap Value Fund Class A, Class C, Institutional Class 100.00%
Optimum Small-Mid Cap Value Fund Class A, Institutional Class 100.00%


The information contained in the Tax Center is not intended to be legal or tax advice. If you need assistance preparing your tax return, please consult a tax advisor.
Information may be abridged and therefore incomplete. Any discussion pertaining to taxes in this communication (including attachments) may be part of the promotion or marketing of a product. Advice (if any) related to federal taxes that is contained in this communication (including attachments) is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code. Individuals should seek advice based on their own particular circumstances from an independent tax advisor.
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, includiing possible loss of principal.