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Percentage Of Total Ordinary Dividends from U.S. Government Obligation

My mutual fund list a percentage of total ordinary dividends from U.S.Government Obligations but does not list any ordinary dividends.

My fund only lists qualified dividends.

My fund does not list any interest.

 

Does this mean I can deduct the percentage from U.S. Government Obligations from the qualified dividends for my state exempt dividends as I would for Ordinary dividends?

 

Can you explain why the fund list percentage of income from U.S. Government Obligation if the fund , or at least my portion, does not have any ordinary dividends?

 

Thank you!

 

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1 Reply
ThomasM125
Expert Alumni

Percentage Of Total Ordinary Dividends from U.S. Government Obligation

Qualified dividends would not include US government securities. So, if you have no ordinary dividends, you would not have any US Government Obligation dividends.

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