Midas Funds 2020 Estimated Year End Distribution

NEW YORK, NY – December 10, 2020

The Midas Funds announced today their 2020 preliminary estimated year end dividends and capital gain distributions.

These preliminary estimates may change between the date of this press release and the ex-dividend date. A precise estimate of the amount of the per share distribution is not possible because the number of shares outstanding on record date cannot be determined in advance or due to certain tax adjustments and other factors.

The distributions are expected to be paid on December 30, 2020 to shareholders of record as of December 29, 2020. The ex-dividend and reinvestment dates will be on the expected payment date.

As of the date of this press release, the per share distribution is estimated as follows:

Fund NameTickerEstimated IncomeEstimated
Long Term
Capital Gain
Midas MagicMISEXNone$0.64
Midas FundMIDSXNoneNone

The distribution will be reinvested or paid out in cash, according to the instructions associated with each shareholder’s account.

To learn more about the Midas Funds, please visit www.MidasFunds.com.