Rule 12b-1 [17 CFR 270.12b-1] under the Investment Company Act of 1940: Distribution of Shares by Registered Open-end Management Investment Company

ICR 201503-3235-010

OMB: 3235-0212

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2015-10-27
ICR Details
3235-0212 201503-3235-010
Historical Active 201209-3235-002
SEC IM-270-188
Rule 12b-1 [17 CFR 270.12b-1] under the Investment Company Act of 1940: Distribution of Shares by Registered Open-end Management Investment Company
Extension without change of a currently approved collection   No
Regular
Approved without change 12/21/2015
Retrieve Notice of Action (NOA) 10/27/2015
  Inventory as of this Action Requested Previously Approved
12/31/2018 36 Months From Approved 12/31/2015
31,348 0 27,084
140,250 0 159,375
103,116 0 96,522

Rule 12b-1 under the Investment Company Act (17 CFR 270.12b-1) permits a mutual fund to bear expenses associated with the distribution of its shares, provided that the fund complies with certain requirements. Rule 12b-1 requires, among other things, that the fund adopt a written plan describing all material aspects of the proposed financing of distribution ("rule 12b-1 plan"). The rule 12b-1 plan must be approved by the fund's board of directors, including the independent directors (as described in the rule), and, if the rule 12b-1 plan is being adopted after public offering of the fund's voting securities, by a majority of the fund's outstanding voting securities.

US Code: 15 USC 80a-12(b) Name of Law: Investment Company Act of 1940
  
None

Not associated with rulemaking

  80 FR 21790 04/20/2015
80 FR 36014 06/23/2015
No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 31,348 27,084 0 0 4,264 0
Annual Time Burden (Hours) 140,250 159,375 0 0 -19,125 0
Annual Cost Burden (Dollars) 103,116 96,522 0 0 6,594 0
No
No
The estimated annual burden hours for funds with rule 12b-1 plans decreased by 19,125 hours, from 159,375 to 140,250 hours. This is due to a decrease in the number of mutual fund families that have at least one fund that charges rule 12b-1 fees. The estimated total annual cost burden increased $6594, from $96,522 to $103,116. The increase in cost is due to inflation.

$0
No
No
No
No
No
Uncollected
Daniel Chang 2025516792 [email protected]

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
10/27/2015


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