American Gas - June 2010 - (Page 44)

facts on gas For more statistics, visit www. .org Who Will Be Affected by Rising Dividend Tax Rates? In 2007, 27.1 million tax returns had dividends qualifying for the lower tax rates (15%) on equity investments. These rates are set to expire at the end of this year, with tax rates ultimately rising to 23.8%. Of the filers with qualified dividends: oPeratIng rIgs As of April 30, 2010 gas oil 958 513 65% 35% natIonal coolIng-degree days Weighted by gas home air-conditioning equipment april 2009 april 2010 19.5% cooler than ’09 10.0% warmer than normal 30-year normal for april 41 33 61% 30% are age 50+ are 65+ 65% 36% have incomes of less than $100,000 have incomes of less than $50,000 30 change In consumer PrIce Index 12 months ending March 2010 +2.3% u.s. housIng starts March 2010 626,000 521,000 March 2009 SOURCE: “ThE BEnEfiCiaRiES Of ThE DiviDEnD Tax RaTE REDUCTiOn: a PROfilE Of UTiliTy ShaREhOlDERS,” PREPaRED By ERnST & yOUng fOR ThE amERiCan gaS aSSOCiaTiOn anD EDiSOn ElECTRiC inSTiTUTE; UPDaTE Of 2008 STUDy RElEaSED in JanUaRy 2010. fOR mORE DETailS, viSiT www.DEfEnDmyDiviDEnD.ORg. u.s. WorkIng gas In underground storage (Bcf) Weekly by region for period ending April 23, 2010 Week 4/2 4/9 4/16 4/23 4/23/09 eastern consumIng regIon standard & Poor’s 500 aga stock Index 7.05% 4.37% 1/1/10–4/30/10 1/1/10–4/30/10 750 795 829 867 704 Western consumIng regIon GAS uTIlITy INDEX FuND (GASFX) 40.65% -0.54% 6.47% 6.91% 1 year 3 years 5 years 10 years 4/1/09–3/31/10 4/1/07–3/31/10 4/1/05–3/31/10 4/1/00–3/31/10 292 296 304 318 306 ProducIng regIon 627 total 665 696 727 801 Respecting Your Money. Total annual operating expenses were 0.76%. 1,669 1,756 1,829 1,912 1,811 The performance data quoted is past performance, which is no guarantee of future results. The current performance may be lower or higher than performance data quoted. To obtain performance data current to the most recent month-end, please call 888.200.4710. Investment return and principal will fluctuate so that investors’ shares, when redeemed, may be worth more or less than their original cost. Investments are focused in the natural gas industry, which is sensitive to rising interest rates, weather and the wholesale pricing of alternative fuels. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. This and other information about the fund can be found in the prospectus. Please call 888.200.4710 or visit fbrfunds.com to obtain a free prospectus. Read it carefully before investing. The FBR Funds are distributed by FBR Investment Services Inc. Member FINRA/SIPC. 44 JUNE 2010 AmericAn GAs http://www.aga.org http://WWW.DEFENDMYDIVIDEND.ORG http://www.fbrfunds.com http://www.fbrfunds.com

Table of Contents for the Digital Edition of American Gas - June 2010

American Gas - June 2010
Contents
President’s Message
In the Know
Industry News
Protecting Our Pipelines
AGA 2010 Membership Directory
Places to Be
Marketplace
Advertisers’ Index
Noteworthies
Jobline
Facts on Gas

American Gas - June 2010