What days does my distribution frequency land on?
The days of your frequency schedule are dependent
Annual: Calculated on 12 months basis. If your first distribution is scheduled on January 8, 2024 then your next distribution will be inputted on the Income Ladder on January 8, 2025 and so on until the end of the estimated term.
Quarterly: Calculated on 3 months basis. If your first distribution is scheduled on January 8, 2024 then your next distribution will be inputted on the Income Ladder on April 8, 2024, then July 8, 2024, then October 8, 2024, then January 8, 2025 and so on until the end of the estimated term.
Monthly: Calculated on monthly basis. If your first distribution is scheduled on January 8, 2024 then your next distribution will be inputted on the Income Ladder on February, 8, 2024, then March 8, 2024, then April 8, 2024 ... January 8, 2025 and so on until the end of the estimated term.