Seligman Quality Municipal (NYSE:SQF)
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From Aug 2019 to Aug 2024
Seligman Select Municipal Fund, Inc. (NYSE: SEL)
announced that it currently estimates that 2.8% of the monthly
distributions paid to common stockholders in 2005 will be in excess of
the Fund's net investment income (i.e., a return of capital), but
under applicable federal law, will be taxable as ordinary income.
Seligman Quality Municipal Fund, Inc. (NYSE:SQF) announced that it
currently estimates that 2.3% of the monthly distributions paid to
common stockholders in 2005 will be in excess of the Fund's net
investment income (i.e., a return of capital), but under applicable
federal law, will be taxable as ordinary income. In each case, the
remaining amount will be treated as "exempt interest" dividends for
federal income tax purposes. The actual portion of the distributions
that will be taxable will be provided to stockholders with their
year-end tax statements.
Seligman Quality Municipal Fund, Inc. and Seligman Select
Municipal Fund, Inc. are managed by J. & W. Seligman & Co.
Incorporated, a New York-based investment manager and advisor, which
was founded in 1864.
You should consider the investment objectives, risks, charges, and
expenses of a Fund carefully before investing. You can obtain
information about a Fund (including its investment objectives, risks,
charges, expenses, and other information) by contacting your financial
advisor or Seligman Services, Inc. at 800-597-6068.