Blue Chip Value Fund Announces Final Tax Information for 2005 Distributions.DENVER -- Blue Chip Value Fund, Inc.'s (NYSE NYSE See: New York Stock Exchange : BLU BLU Blue BLU Bluefish (FAO fish species code) BLU Bigger, Longer, Uncut (South Park Movie) BLU Backlight Unit (LCD) BLU Bomb Live Unit ) final tax categories for its 2005 distributions are detailed in the table below. This information is also available on the Fund's web site at www.blu.com. A 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. will be mailed to registered stockholders with this same information by January 31, 2006. The following is a summary of the 2005 distributions:
Net Short-Term Long-Term Return of
Investment Capital Gain Capital Gain Capital Total
Income
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1st Quarter $0.0037 $0.0059 $0.0218 $0.1086 $0.14
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2nd Quarter $0.0037 $0.0059 $0.0218 $0.1086 $0.14
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3rd Quarter $0.0037 $0.0059 $0.0218 $0.1086 $0.14
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4th Quarter $0.0039 $0.0063 $0.0234 $0.1164 $0.15
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Total $0.0150 $0.0240 $0.0888 $0.4422 $0.57
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Of the distributions paid from net investment income, 100% qualify for the corporate dividends received deduction and meet the requirements of the tax rules regarding qualified dividend income. In addition, none of the distributions from net investment income include income derived from U.S. Treasury U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. obligations. There were no assets invested in direct U.S. Government Obligations as of December 31, 2005. If you have any questions about the application of this information to your tax returns, please consult your tax adviser. Blue Chip Value Fund, Inc. can be found on the internet at www.blu.com. Blue Chip Value Fund 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 LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control is the Fund's investment adviser. |
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