Evolutionary perspective The approach to psychology that stresses the importance of behavioral and mental adaptiveness, based on the assumption that mental capabilities evolved over millions of years to serve particular adaptive purposes.
How Stock Mutual Funds Pay Dividends. Stock mutual funds hold a portfolio of many stocks, in some cases hundreds or even thousands of different companies. These companies are distributing dividends throughout the year. However, it is generally impractical for mutual fund companies to distribute dividends to shareholders every time they receive them.
Ordinary dividends paid by a mutual fund or a registered investment company that the fund/company statement designates as being exempt-interest dividends. Use the percentage of the total dividend income that is from exempt PA and exempt federal obligations to determine the tax exempt portion of the dividend income.