When you have foreign dividends from a single payer and they come from multiple countries, select Regulated Investment Company (RIC) as the country and report the total amount.
This is not only easier, it is what the IRS instructions say you should do.
The instructions for Form 1116 say: "Regulated investment company (RIC) pass-through amounts. You don't need to report income passed through from a mutual fund or other regulated investment RIC on a country-by-country basis. Total all income, in the applicable category, passed through from the mutual fund or other RIC and enter the total in a single column in Part I. Enter “RIC” on line i. Total all foreign taxes passed through and enter the total on a single line in Part II for the applicable category.
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