BETHESDA, Md., Aug. 30, 2012 /PRNewswire/ -- AdvisorShares, a leading sponsor of actively managed Exchange Traded Funds (ETFs), today announced August 2012 income distributions for ETFs that pay monthly dividends. Shareholders of record on August 29, 2012 will receive cash distributions paid on August 31, 2012 in the following amounts:
For Non-Resident Alien ("NRA") shareholders who are normally subject to a 30% (or lower tax treaty rate depending on the country) NRA withholding tax on ETF dividend income and short-term capital gain dividends, unless such dividends are designated as exempt from NRA withholding tax, 91.74% of the Peritus High Yield ETF distribution and 60.71% of the Madrona Global Bond ETF distribution has been designated as exempt.
To request more information on AdvisorShares, please contact Ryan Graham at 202-684-6442 or firstname.lastname@example.org. For financial professionals and investors requesting more information, please visit www.advisorshares.com or call the AdvisorShares Investment Consultant Team at 1-877-THE-ETF1 (1-877-843-3831).
AdvisorShares is one of the leading providers of actively managed ETFs. As of 8/24/2012 AdvisorShares offers 15 active ETFs with over $640,000,000 of assets under management, including:
Active Bear ETF (NYSE: HDGE)
Global Echo ETF (NYSE: GIVE)
Global Alpha & Beta ETF (NYSE: RRGR)
Global Equity Strategies
Accuvest Global Opportunities ETF (NYSE: ACCU)
AdvisorShares provides educational support to help investors understand ETFs, and the underlying investment strategy for each of the AdvisorShares ETFs. AdvisorShares continues to seek qualified sub-advisor investment partners to offer compelling investment strategies in an active ETF structure. Visit our website at www.advisorshares.com to learn more about us. Follow the AdvisorShares Team on Twitter or 'Like' us on Facebook.
Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting the Fund's website at www.AdvisorShares.com. Please read the prospectus carefully before you invest.
An investment in ETFs is subject to risk, including the possible loss of principal amount invested. The risks associated with each Fund include the risks associated with the underlying ETFs, which can result in higher volatility, and are detailed in each Fund's prospectus and on each Fund's webpage. The Funds may not be suitable for all investors.