Blue Chip Value Fund Announces Final Tax Categories of 2002 Distributions.Business Editors DENVER--(BUSINESS WIRE)--Jan. 8, 2003 Blue Chip Value Fund, Inc.'s final tax categories for its 2002 distributions are detailed in the table below. This information is also available on the Fund's web-site at www.blu.com. A tax information brochure will be mailed to registered stockholders with their Form 1099-DIV Form 1099-DIV A form sent to investors by investment fund companies. The form is a record of all taxable capital gains and dividends paid to an investor, including those that have been re-invested in a given taxation year. by January 31, 2003. The following is the final summary of the Fund's 2002 distributions:
Net
Investment Short-Term Long-Term Return of
Income Capital Gain Capital Gain Capital Total
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1st Quarter $0.0107 $0.0000 $0.0000 $0.1593 $0.17
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2nd Quarter $0.0094 $0.0000 $0.0000 $0.1406 $0.15
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3rd Quarter $0.0075 $0.0000 $0.0000 $0.1125 $0.12
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4th Quarter $0.0075 $0.0000 $0.0000 $0.1125 $0.12
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Total $0.0351 $0.0000 $0.0000 $0.5249 $0.56
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Blue Chip Value Fund, Inc. may be found on the Internet at www.blu.com. Blue Chip Value Fund (NYSE NYSE See: New York Stock Exchange :BLU) is a closed-end diversified management investment company whose objective is to seek a high level of total return through investment in a portfolio having at least 80% of its assets in equity securities of well-established companies with headquarters in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . These stocks are included in, or similar in size to those included in, the Standard and Poor's Noun 1. Standard and Poor's - a broadly based stock market index Standard and Poor's Index 500 Composite Stock Price Index. The Fund will normally have approximately 50 stocks within the portfolio. The Fund features a Dividend Reinvestment Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. and Cash Purchase Plan. Denver Investment Advisors Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control is the Fund's investment adviser. |
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