Couldn't Livingston, having cut distributions to investors by two-thirds two years ago, be more generous?
The plan would provide cash distributions to some creditors, including holders of secured claims.
For a regular, deductible I.R.A., distributions to retirees are taxable at their regular tax rates.
For a tax-conscious fund, the ideal is to keep distributions to a minimum.
THOUGH most of the Canadian trusts have maintained or increased their distributions to unit holders, others have stumbled.
Morningstar does not have a compendium of funds that made high distributions to shareholders in 2008, Ms. Benz said.
Companies may be making liberal distributions to shareholders, but they have not been turning down money when it is offered to them.
The WFP has appealed for nearly $107m to increase food distributions to help up to 1.25 million people from January to August.
The chief financial officer suggested that if Aviva does not need the money to reinvest, the company will consider additional distributions to shareholders.
Though it follows no benchmark, "we believe in keeping turnover, brokerage expenses and taxable distributions to a minimum," Mr. Gerber said.
For dead partners in the firm, Cantor made quarterly distributions to the estates on Oct. 15 through the law firm of Skadden Arps.
