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FMO Provides Additional Information About Income Tax Accrual Adjustment
Fiduciary/Claymore Energy Infrastructure FundFebruary 2, 2021 GMT
NEW YORK, Feb. 01, 2021 (GLOBE NEWSWIRE) Fiduciary/Claymore Energy Infrastructure Fund (“FMO” or the “Fund”) and its investment adviser, Guggenheim Funds Investment Advisors, LLC (“GFIA”), today provided additional information regarding the Fund’s recent tax accrual adjustment.
As disclosed in the Fund’s December 28, 2020 press release, the Fund, on that date, adjusted the commencement date of the accruals for estimated federal and state income tax expenses resulting from the application of income tax recapture rules to its sales of certain MLP energy infrastructure investments that occurred in the first and second quarters of 2020 from November 13, 2020 to March 6, 2020.