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1. American Funds Balanced Fund had a solid year of performance in 2021. In December 2021 the fund manager estimated the following taxable income amounts

1. American Funds Balanced Fund had a solid year of performance in 2021. In December 2021 the fund manager estimated the following taxable income amounts

$100mm short term capital gains

$100mm long term capital gains

$120mm short term capital losses

No long term capital losses

$20mm municipal bond interest

$50mm corporate bond interest

$40mm qualified stock dividends

The Fund has $5BN in total assets and 100mm shares Outstanding.

What is the total estimated distribution per share?

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