In the Create Distribution Schedule panel, you can add a distribution schedule for use with set rate distributions. When you use set rate distributions, distribution schedules allow you to manage the non-distribution schedulesdays in the distribution period. The system uses the non-distribution schedule to identify the days on which the set rate distribution process does not post a daily distribution. Set rate funds do not distribute income on the days following the last distribution payment date at the end of a calendar year but they still accrue expenses. For example, consider the 26th to 31st days of December.
You can also use distribution schedules with other types of distributions. For general information about creating and maintaining distribution schedules, see Manage Distribution Schedules.
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