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 201805-3235-019

OMB: 3235-0212

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2018-11-08
Supporting Statement A
2018-11-08
ICR Details
3235-0212 201805-3235-019
Active 201503-3235-010
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 02/07/2019
Retrieve Notice of Action (NOA) 11/08/2018
  Inventory as of this Action Requested Previously Approved
02/28/2022 36 Months From Approved 02/28/2019
31,432 0 31,348
137,275 0 140,250
104,547 0 103,116

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

  83 FR 23503 05/21/2018
83 FR 39481 08/09/2018
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 31,432 31,348 0 0 84 0
Annual Time Burden (Hours) 137,275 140,250 0 0 -2,975 0
Annual Cost Burden (Dollars) 104,547 103,116 0 0 1,431 0
No
No
The estimated annual burden hours for funds with rule 12b-1 plans has decreased from 140,250 to 137,275 hours (a decrease of 2,975 hours). This is due to a decrease in the number of fund families that have at least one fund that has a rule 12b-1 plan. The estimated annual cost burden associated with rule 12b 1 has increased from $103,116 to $104,547 (an increase of $1,431). The increase in cost is due to the effects of inflation.

$0
No
    No
    No
No
No
No
Uncollected
Matthew DeLesDernier 202 551-6784

  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.
11/08/2018


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