The Active Dividend Stock ETF (TADS) Declares Annual Distribution

Rhea-AI Summary

The Active Dividend Stock ETF (NYSE: TADS) has declared a regular dividend of $29.18591 per share, payable on January 3, 2022. This distribution consists solely of ordinary income and complies with the Internal Revenue Code's distribution requirements for regulated investment companies. The declaration date is December 29, 2021, with the ex-date on December 30, 2021 and the record date on December 31, 2021. Additionally, there are considerations for the potential liquidation of the Fund, with a decision expected soon.

Positive

• Regular dividend distribution of $29.18591 per share
• Complies with Internal Revenue Code requirements for regulated investment companies

Negative

• Consideration of Fund's potential liquidation

NEW YORK--(BUSINESS WIRE)-- The Active Dividend Stock ETF (NYSE: TADS), a series of Collaborative Investment Series Trust (the “Trust”), today announced a regular dividend distribution of $29.18591 per share. The distribution solely consists of ordinary income and does not contain any amounts attributable to return of capital or long-term capital gains. The distribution is being made so that the Fund can comply with the distribution requirements of the Internal Revenue Code for regulated investment companies. The distribution is payable as follows:

Declaration – 12/29/2021

Ex-Date – 12/30/2021

Record Date – 12/31/2021

Payable – 1/3/2022

Additionally, the officers of the Trust are considering recommending the approval of the Fund’s liquidation to the Trust’s board of trustees. It is expected that a determination regarding the Fund will be made in the next month.

In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, the Fund will provide its shareholders of record on each distribution date with a 19(a) Notice disclosing the sources of its distribution payment when a distribution includes anything other than net investment income.

The amounts and sources of distributions reported in 19(a) Notices are only estimates and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during its full fiscal year and may be subject to changes based on tax regulations. The Fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes. Information on the Fund's 19(a) Notices, if any, can be found at www.tuttleetf.com. The final determination of the source and tax characteristics of all distributions in 2021 will be made after the end of the year.

The market price of Fund shares may vary from net asset value based on factors affecting the supply and demand for shares, such as Fund distribution rates relative to similar investments, investors' expectations for future distribution changes, the clarity of the Fund's investment strategy and future return expectations, and investors' confidence in the underlying markets in which the Fund invests. Fund shares are subject to investment risk, including possible loss of principal invested. No Fund is a complete investment program and you may lose money investing in a Fund. An investment in the Fund may not be appropriate for all investors. Before investing, prospective investors should consider carefully the Fund's investment objective, risks, charges and expenses. This and other important information about the Fund are contained in the prospectus, which can be obtained on this site or by calling 866-904-0406. The prospectus should be read carefully before investing.

This release contains forward-looking statements relating to the business and financial outlook of The Active Dividend Stock ETF that are based on the Fund's current expectations, estimates, forecasts and projections and are not guarantees of future performance. There is no assurance that the Fund will achieve its investment objective. Actual results may differ materially from those expressed in these forward-looking statements, and you should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this release.

Distributor: Foreside Fund Services, LLC

View source version on businesswire.com: https://www.businesswire.com/news/home/20211230005298/en/

Matthew Tuttle

mtuttle@tuttlecap.com

Source: Tuttle Capital Management

FAQ

What is the dividend amount for TADS?

The Active Dividend Stock ETF (TADS) has declared a dividend of $29.18591 per share.

When is the dividend payable for TADS?

The dividend for TADS is payable on January 3, 2022.

When was the dividend for TADS declared?

The dividend for TADS was declared on December 29, 2021.

What is the ex-date for TADS dividend?

The ex-date for the TADS dividend is December 30, 2021.

Is the TADS distribution from ordinary income?

Yes, the distribution consists solely of ordinary income with no amounts from return of capital or long-term capital gains.

Will TADS consider liquidation?

Yes, there are ongoing considerations for the potential liquidation of the Fund.