Historical Per-Share Distributions Paid By Marathon Value Portfolio:

Year Ex-Dividend Date Ordinary Income Short-Term Capital Gain Long-Term Capital Gain Reinvestment NAV
2016 Dec. 12 0.1242 0.0065 .3224 25.10
2015 Dec. 14 0.1590 None .1661 22.18
2014 Dec. 14 0.1436 None .5442 22.33
2013 Dec. 12 0.0834 None .6067 21.23
2012 Dec. 27 0.14240 None .1446 17.68
2011 Dec. 28 0.11020 None .3341 16.02
2010 Dec. 28 0.10400 None None 16.25
2009 Dec. 28 0.11480 None None 14.25
2008 (2) Dec. 23 0.02480 None None 11.38
2008 (1) Dec. 19 0.16630 0.01400 None 11.64
2007 Dec. 17 0.18170 0.02270 0.28670 15.52
2006 Dec. 27 0.11490 0.01860 0.25610 15.82
2005 Dec. 28 0.09672 None 0.22632 14.53
2004 Dec. 28 0.10090 None None 13.89
2003 Dec. 30 0.08480 None None 12.29
2002 Dec. 20 0.09640 None None 9.69
2001 Dec. 13 0.12000 None None 10.77
2000 Dec. 29 0.08680 None None 10.73

 

Ex-Dividend Date

On (or after) this date the security trades without its dividend. If you buy a dividend paying stock one day before the ex-dividend you will still get the dividend, but if you buy on the ex-dividend date, you won’t get the dividend. Conversely, if you want to sell a stock and still receive a dividend that has been declared you need to sell on (or after) the ex-dividend day. The ex-date is the second business day before the date of record.

Ordinary Income

Ordinary income is composed mainly of wages, salaries, commissions and interest income from bonds, and it is taxable using ordinary income rates. This type of income differs from capital gains in that it can only be offset with standard tax deductions, while capital gains can only be offset with capital losses.

Short-Term Capital Gain

Short-term capital gains occur on securities held for one year or less. These gains are taxed as ordinary income based on the individual’s tax filing status and adjusted gross income.

Long-Term Capital Gain

Long-term capital gains occur on securities held for more than one year. Long-term capital gains are usually taxed at a lower rate than regular income.

Reinvestment NAV

Reinvestment in a mutual fund is the reinvestment of distributions and dividends to purchase additional units of that fund.  Net asset value (NAV) is the value per share of a mutual fund on a specific date or time. The per-share dollar amount of the fund is based on the total value of all the securities in its portfolio, fund liabilities if any, and the number of fund shares outstanding.   NAV per share is computed once per day based on the closing market prices of the securities in the fund’s portfolio.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Marathon Value Portfolio (the “Fund”). This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 1-800-788-6086 or going to http://www.marathonvalue.com. The prospectus should be read carefully before investing. The Fund is distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC.