Payment Options

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Distribution Payment Options
When you open an account, you specify on your application how you want to receive your distributions. If you later want to change your selection, you may download our Shareholder Options Form, call us at 800.344.1770, or use Artisan Account Access.

Each Fund offers four distribution options:
  • Reinvestment Option. Your dividends and capital gain distributions will be reinvested in additional shares of the Fund. Your distributions will be automatically reinvested if you did not indicate a choice on your application.
  • Income-Only Option. We will automatically reinvest your capital gain distributions, but send dividends to you by check or to your predesignated U.S. bank account by Electronic Funds Transfer (EFT).
  • Capital Gains-Only Option. We will automatically reinvest your dividends, but send capital gain distributions to you by check or to your predesignated U.S. bank account by EFT.
  • Cash Option. We will send all distributions to you by check or to your predesignated U.S. bank account by EFT.
In IRA accounts, all distributions are automatically reinvested because payments in cash likely would be subject to income tax and penalties. After you are 59 1/2, you may request payment of distributions in cash. Distributions paid in cash, even after you are 59 1/2, likely will be subject to income tax.

When you reinvest, the reinvestment price is the Fund's NAV per share at the close of business on the reinvestment date.

Distribution checks usually will begin to be mailed promptly after the payment date.

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