What are the tax implications of investing in Artisan Funds?

Investing in Artisan Funds may have certain tax implications for investors. Artisan Funds are subject to capital gains taxes when there are profits from selling securities within the fund. These gains are typically taxable to investors and may be subject to both short-term and long-term capital gains tax rates, depending on the duration of the investment. Additionally, Artisan Funds may generate interest income, dividends, or other distributions, which could be subject to income tax. Investors need to report these earnings on their tax returns. However, Artisan Funds aim to mitigate taxes by employing a disciplined investment approach, which seeks to minimize turnover and tax liabilities. It is recommended that investors consult with a tax professional to understand the specific tax implications based on their individual circumstances.