2024 Dividends-Received Deduction for Corporate Investors

Corporate taxpayers are generally entitled to a deduction for dividends received from another domestic corporation. To determine the amount of dividends qualifying for this deduction, multiply the total ordinary dividends received during the calendar year 2024 by the percentage found in the table.

Please note that the dividends received deduction is subject to holding period requirements and other eligibility criteria and limitations.

MUTUAL FUND/ETF NAME

PERCENTAGE TO APPLY TO ORDINARY DIVIDENDS*

Avantis All Equity Markets ETF (AVGE)¹

45.84%

Avantis All Equity Markets Value ETF (AVGV)¹

37.19%

Avantis All International Markets Equity ETF (AVNM)¹

0.00%

Avantis All International Markets Value ETF (AVNV)¹

0.00%

Avantis Core Fixed Income ETF (AVIG)¹

0.00%

Avantis Core Fixed Income Fund (AVIGX)

0.00%

Avantis Core Municipal Fixed Income ETF (AVMU)¹

0.00%

Avantis Emerging Markets Equity ETF (AVEM)¹

0.00%

Avantis Emerging Markets Equity Fund (AVEEX)

0.00%

Avantis Emerging Markets ex-China Equity ETF (AVXC)¹

0.00%

Avantis Emerging Markets Small Cap Equity ETF (AVDS)¹

0.00%

Avantis Emerging Markets Value ETF (AVES)¹

0.00%

Avantis Inflation Focused Equity ETF (AVIE)¹

100.00%

Avantis International Equity ETF (AVDE)¹

0.00%

Avantis International Equity Fund (AVDEX)

0.00%

Avantis International Large Cap Value ETF (AVIV)¹

0.00%

Avantis International Small Cap Equity ETF (AVDS)¹

0.00%

Avantis International Small Cap Value ETF (AVDV)¹

0.00%

Avantis International Small Cap Value Fund (AVDVX)

0.00%

Avantis Moderate Allocation ETF (AVMA)¹

24.43%

Avantis Real Estate ETF (AVRE)¹

0.00%

Avantis Responsible Emerging Markets Equity ETF (AVSE)¹

0.00%

Avantis Responsible International Equity ETF (AVSD)¹

0.00%

Avantis Responsible U.S. Equity ETF (AVUS)¹

100.00%

Avantis Short-Term Fixed Income ETF (AVSF)¹

0.00%

Avantis Short-Term Fixed Income Fund (AVSFX)²

0.00%

Avantis U.S. Equity ETF (AVUS)¹

100.00%

Avantis U.S. Equity Fund (AVUSX)

100.00%

Avantis U.S. Large Cap Equity ETF (AVLC)¹

100.00%

Avantis U.S. Large Cap Value ETF (AVLV)¹

100.00%

Avantis U.S. Large Cap Value Fund (AVLVX)

100.00%

Avantis U.S. Mid Cap Equity ETF (AVMC)¹

100.00%

Avantis U.S. Mid Cap Value ETF (AVMV)¹

100.00%

Avantis U.S. Small Cap Equity ETF (AVSC)¹

100.00%

Avantis U.S. Small Cap Equity Fund (AVSCX)

78.64%

Avantis U.S. Small Cap Value ETF (AVUV)¹

100.00%

Avantis U.S. Small Cap Value Fund (AVUVX)

100.00%

* Ordinary dividends includes net investment income distributions and short-term capital gain distributions.

¹ This fund is an actively managed Exchange Traded Fund (ETF) that does not seek to replicate the performance of a specified index. To determine whether to buy or sell a security, the portfolio managers consider, among other things, various fund requirements and standards, along with economic conditions, alternative investments, interest rates and various credit metrics. If the portfolio manager considerations are inaccurate or misapplied, the fund's performance may suffer.

² This fund liquidated on May 29, 2025.

IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.

This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.

Mutual Funds: American Century Investment Services, Inc., Distributor.

Exchange Traded Funds (ETFs): Foreside Fund Services, LLC – Distributor, not affiliated with American Century Investment Services, Inc.

Contact Avantis Investors

Close Contact Us Icon

833-928-2684

[email protected]

This website is intended for Institutional and Professional Investors, not Retail Investors.

You should consider the fund's investment objectives, risks, and charges and expenses carefully before you invest. The fund's prospectus or summary prospectus, which can be obtained by visiting Avantisinvestors.com or by calling 833-928-2684, contains this and other information about the fund, and should be read carefully before investing. Investments are subject to market risk.

American Century Investments is not responsible for and does not endorse any comments, content, advertising, products, advice, opinions, recommendations or other materials on or available directly or via hyperlinks from Facebook, Twitter or any third-party website. Facebook, Twitter and LinkedIn are registered trademarks of their respective owners.

Mutual Funds: American Century Investment Services, Inc., Distributor.

Exchange Traded Funds (ETFs): Foreside Fund Services, LLC – Distributor, not affiliated with American Century Investment Services, Inc.

© 2025 American Century Proprietary Holdings, Inc. All rights reserved.

Cookie Settings