: What does the divided income number signify? This mutual fund has a distribution at the end of every month. For example, the income dividend for October 2014 was 0.0301. Assuming I hold $x worth of units in this fund,

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I believe the unit for that column is "dollars per share". Since the reinvestment price is .49, you would have owned $x/.49 shares. Multiplying that out, your monthly dividend income for October would be (rounded off) $x*0.00262 -- or about 0.26 cents per 0 invested.

Of course if you're having them reinvest the dividend, this compounds over successive months. If everything remained constant, 1.00262 to the 12th power would be 1.031. Of course nothing remains constant.