BRINKER CAPITAL DESTINATIONS TRUST

Transcription

1 Important 2018 Tax Information Regarding Your Mutual s BRINKER CAPITAL DESTINATIONS TRUST The following tax information is furnished for informational purposes only. Please consult your tax advisor for assistance regarding your specific tax situation. Section 1 U.S. Government Obligation Income Certain states may exempt income from a mutual fund that is earned from owning U.S. Government Obligations. The table below provides the percentage of total ordinary income dividends (reported in Box 1 on Form 1099-DIV) which are attributable to income earned on investments in U.S. Government Obligations: % of Dividends Available Destinations International Equity 9.32% Destinations Core Fixed Income 33.59% Destinations Low Duration Fixed Income 2.33% Destinations Multi Strategy Alternatives 0.58% Section 2 Dividends Received Deduction The table below provides corporate shareholders with the percentages of their gross ordinary dividends that qualify for the dividends received deduction for corporations. Only the funds that appear in this section have distributed income that qualifies for this deduction. % of Gross Ordinary Dividends Destinations Large Cap Equity 82.62% Destinations Small-Mid Cap Equity 22.34% Destinations Equity Income 39.67% Destinations International Equity 2.33% Destinations Real Assets % Destinations Multi Strategy Alternatives 25.10%

2 Section 3 Exempt Interest Income In this section, you will find information for the Brinker Capital Destinations Municipal Fixed Income that has paid income dividends which are tax-exempt for regular federal income tax purposes. State Percentage State Percentage Alabama 1.63% Montana 0.04% Alaska 0.41% Nebraska 0.07% Arizona 1.72% Nevada 2.21% Arkansas 0.01% New Hampshire 0.28% California 2.74% New Jersey 1.40% Colorado 1.18% New Mexico 0.03% Connecticut 1.33% New York 12.28% Delaware 0.52% North Carolina 2.00% District of Columbia 1.00% North Dakota 0.00% Florida 4.80% Ohio 1.34% Georgia 2.89% Oklahoma 0.34% Hawaii 0.18% Oregon 1.75% Idaho 1.28% Pennsylvania 2.17% Illinois 6.09% Puerto Rico 0.00% Indiana 0.61% Rhode Island 0.70% Iowa 0.32% South Carolina 3.57% Kansas 0.20% South Dakota 0.03% Kentucky 1.44% Tennessee 1.76% Louisiana 0.47% Texas 18.68% Maine 0.12% Utah 0.03% Maryland 4.60% Vermont 0.00% Massachusetts 1.30% Virgin Islands 0.00% Michigan 1.48% Virginia 3.02% Minnesota 2.29% Washington 2.19% Mississippi 1.23% West Virginia 3.20% Missouri 1.07% Wisconsin 1.96% Wyoming 0.04%

3 Section 4 Foreign Tax Credits This information is provided for those shareholders electing to take the foreign credit for federal income tax purposes. Shareholders Taking Itemized Deductions for Foreign Taxes Paid: Include the amount shown in Box 7 on Form 1099-DIV as an itemized deduction on Schedule A (Form 1040). Shareholders Electing to Claim the Foreign Tax Credit on either Form 1116 ( Foreign Tax Credit ) for Individuals, or Form 1118 ( Foreign Tax Credit-Corporations ) for Corporate Shareholders: The table below contains percentages, by country, for the sources of income and taxes paid. Please note that individual shareholders claiming a foreign tax credit on income passed through from a mutual fund are not required to report foreign source income and foreign taxes paid on a country-by-country basis. Please refer to instructions for Form 1116 or 1118 and consult your tax advisor for further assistance. Destinations International Equity Income Distribution Date: 12/17/2018 Country % of Ordinary Income Foreign Tax Factor Argentina 0.04% 0.00% Australia 1.95% 0.99% Austria 0.34% 0.00% Belgium 0.43% 1.18% Bermuda 0.58% 0.00% Brazil 2.06% 0.94% Canada 1.20% 2.49% Cayman Islands 1.90% 0.00% Chile 0.44% 1.29% China 0.39% 0.86% Denmark 0.29% 0.80% Finland 0.91% 2.51% France 3.95% 9.19% Germany 4.19% 6.74% Greece 0.09% 0.26% Hong Kong 1.90% 0.00% India 2.76% 0.00% Indonesia 0.63% 2.19% Ireland 0.08% 0.00% Israel 0.23% 1.05% Italy 0.72% 1.98% Japan 6.49% 11.86% Jersey Channel Islands 0.51% 0.00%

4 Section 4 Foreign Tax Credits (Continued) Destinations International Equity Income Distribution Date: 12/17/2018 Country % of Ordinary Income Foreign Tax Factor Malaysia 0.77% 0.00% Mexico 1.72% 0.82% Netherlands 1.22% 3.16% New Zealand 0.96% 2.65% Norway 0.24% 1.10% Pakistan 0.37% 1.37% Panama 0.19% 0.00% Philippines 0.38% 2.09% Russia 0.34% 0.93% Singapore 0.46% 0.00% South Africa 2.54% 3.65% South Korea 1.98% 7.84% Spain 1.00% 2.77% Sri Lanka 0.07% 0.13% Sweden 0.72% 0.00% Switzerland 3.19% 6.26% Taiwan 5.36% 0.00% Thailand 0.44% 0.82% Turkey 0.14% 0.38% United Kingdom 8.18% 0.00% Foreign Source 62.35% 78.30% United States Source 37.65% 00.00% Non-Qualifying 00.00% 21.70% Total % % Total Foreign QDI% 62.35%

5 Section 5 Income Subject to Alternative Minimum Tax (AMT) Certain income received from a mutual fund may be exempt from federal income tax, but subject to AMT. The table below provides the percentage of the total ordinary income that was attributable to income earned from securities subject to AMT: % of Income Subject to AMT Destinations Municipal Fixed Income 4.95% Important Information Brinker Capital Destinations Trust does not provide tax or legal advice. Investors should seek advice based on their particular circumstances from an independent tax advisor.