Distribution quality document route
Is the distribution supported by earnings or by capital?
Source Workflow
Find the document family before turning a claim into education.
- 01Frame the advisor question
Is the distribution supported by earnings or by capital?
- 02Find the primary source
Statement of operations, shareholder report, or 19a notice
- 03Walk the document route
Distribution rate -> Income statement -> Tax character -> Client explanation
- 04Inspect the required fields
Net investment income versus declared distributions. Return of capital or tax-character language.
- 05Route into Learn
Use the related concept, tool, controlled example, or advisor output before relying on the claim.
- Net investment income versus declared distributions.
- Return of capital or tax-character language.
- Whether yield is annualized, policy-based, or trailing.
- NAV trend alongside payout level.
Supports the Distribution Quality Lab and simplified distribution-quality explanations.
Open decoderRoute from the document family into concepts, labs, controlled examples, and outputs.
Return to the controlled decoder when the document family is not clear yet.
LiveConceptDistribution yieldAn annualized payout rate shown as a percentage of price, NAV, or another stated base.
MetricToolNAV / Valuation Lag ExplainerTeach why reported NAV should be read with valuation source and timing context.
LiveControlled exampleMODEL-PE-NAV: Model NAV mark context and valuation confidenceUse a model valuation packet to connect reported NAV, private marks, valuation hierarchy, and performance comparisons.
NAV / Level III contextAdvisor outputExplain why NAV is a dated estimateUse when a reported NAV looks stable but the advisor needs to explain timing, private marks, or Level III exposure.
Explanation scriptPathEvaluate a first fundTurn a fund pitch into a source-backed diligence agenda.
Core / 71 minSupporting Documents