Mutual Fund Returns May Be Granted Pass-Through Status,if _________________

Mutual fund returns may be granted pass-through status,if _________________.

A) at least 90 percent of all income is distributed to shareholders
B) at least 30 percent of fund income is derived from sale of securities held for less than 3 months
C) certain diversification criteria are met
D) All of these must be true for pass-through status to be granted

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