What is a managed investment trust distribution?
Understand what a managed investment trust distribution is and how it is taxed for investors.
Summary
A managed investment trust (MIT) distribution is the amount an investor receives from a managed fund or unit trust. Distributions can include different types of income such as interest, dividends, capital gains and foreign income. Each type retains its character in the investor’s return.
What this means
As a unit holder in a managed fund, you must include the components of your distribution in your tax return – even if the money is reinvested rather than paid to you. The trustee provides a distribution statement (or an AMMA statement for attribution managed investment trusts) showing the amounts and types of income attributed to you.
Distributions can include capital gains that qualify for the CGT discount, franked dividends with franking credits, and foreign income with foreign income tax offsets. The trustee’s statement is essential because it splits the distribution into the correct labels for your tax return. Your cost base in the units may also be adjusted for some distribution components.
Typical actions
- Keep every distribution statement or AMMA statement you receive.
- Report each component in the correct labels in your tax return.
- Adjust your unit cost base where the statement indicates.
- Include capital gains distributed to you when calculating CGT.
- Speak with a registered tax agent for complex distributions.
Official ATO sources
Last checked: 25 August 2026
Managed investment trusts
Main ATO hub for managed investment trust distributions.
Related questions
- What is the CGT discount and how does it work?
- What is cost base for CGT purposes?
- What records should investors keep for CGT?
- Do investors need to declare bank interest?
Important notice: Tax Clarity is an independent information tool. This page provides general information based on official sources. It does not provide tax, legal, financial, or accounting advice. Tax rules can change, and how they apply depends on your circumstances. For advice about your situation, speak with a registered tax agent or qualified professional.
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