FMO Announces Income Tax Accrual Adjustment

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Dec 29, 2020
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NEW YORK, Dec. 28, 2020 (GLOBE NEWSWIRE) -- Fiduciary/Claymore Energy Infrastructure Fund (“FMO” or the “Fund”) today announced an adjustment to the date of the Fund’s accrual of estimated federal and state income tax expense related to sales of certain of the Fund’s MLP energy infrastructure investments in the first and second quarters of 2020. The accrual was initially announced and reflected in the Fund’s net asset value per share (“NAV”) on November 13, 2020, and will be adjusted to reflect appropriate accruals beginning in March 2020.