When funds that use net investment income (NII) distributions along with waterfall waivers for expenses require yield to minimum processing, the system can perform processing that recognizes the waterfall waivers. This allows waterfall waiver funds to process their distribution adjustments in a similar manner to how they process their expense waivers.
In this section
No labels
0 Comments
You are not logged in. Any changes you make will be marked as anonymous. You may want to Log In if you already have an account.
0 Comments