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2007 Corporate Dividends Received Deduction


Mutual fund dividends from certain domestic corporations may be eligible for the dividends received deduction (DRD) for corporations. To determine the amount that qualifies for the DRD, multiply the total ordinary distributions you received during calendar year 2007 by the percentage for your Northern Fund in the table below.
 

Northern Funds Percentage
Emerging Markets 50.73%
Enhanced Large Cap Value 35.95%
Growth Equity 24.07%
Income Equity 57.53%
Large Cap Value 81.95%
Mid Cap Index 59.58%
Multi-Manager Large Cap 45.09%
Multi-Manager Mid Cap 5.54%
Select Equity 88.08%
Small Cap Index 66.59%
Small Cap Value 62.78%
Stock Index 91.50%

 

If you have any questions, contact your Relationship Manager, or call the Northern Funds Center at 800/595-9111 weekdays from 7:00 a.m. to 7:00 p.m. CT. 

 

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