SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2016

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

NOTE 16. SUBSEQUENT EVENTS

From October 1, 2016 through November 4, 2016, the Partnership purchased a total of 330 Depositary Receipts. The average price was $60.13 per receipt or $1,803.90 per unit. The total cost was $20,605. The Partnership is required to repurchase 2.6 Class B Units and 0.1 General Partnership Units at a cost of $4,713 and $248 respectively.

On October 26, 2016, the Partnership announced that on December 31, 2016 it will make its regular quarterly distribution and a special distribution to its owners of record as of December 15, 2016. The quarterly distribution will be $7.50 per unit. The quarterly distribution per Depository Receipt will be $0.25. The special distribution will be $24 per unit. The special distribution per Depository Receipt will be $0.80.