RTC
Baijiayun Group Ltd. Class A
stock NASDAQ

Thanks for reaching out to us. I am happy to help answer your question.
In most cases, the cost basis should reflect the Return of Capital (RTC) in the mobile app. Still, there are some cases where this may not occur, and it may depend on your specific account and situation. That said, it's important to remember that a company will typically list the distribution as a dividend first, then reclassify it to an RTC later down the line. As a result, you may not see this reflected in your account immediately.
For those curious, RTC, also known as a non-dividend distribution, is a return of some or all of a client's investment through the reduction of the position's cost basis. RTC can occur for various reasons, but generally occurs when a company does not have any accumulated or current year earnings and profits to distribute. As a result, you receive a non-dividend distribution.
[Return of Capital ](https://www.fidelity.com/learning-center/investment-products/closed-end-funds/return-of-capital-part-one)
Let us know if you have any other questions. We're here to help out.

Thanks for reaching out to us. I am happy to help answer your question.
In most cases, the cost basis should reflect the Return of Capital (RTC) in the mobile app. Still, there are some cases where this may not occur, and it may depend on your specific account and situation. That said, it's important to remember that a company will typically list the distribution as a dividend first, then reclassify it to an RTC later down the line. As a result, you may not see this reflected in your account immediately.
For those curious, RTC, also known as a non-dividend distribution, is a return of some or all of a client's investment through the reduction of the position's cost basis. RTC can occur for various reasons, but generally occurs when a company does not have any accumulated or current year earnings and profits to distribute. As a result, you receive a non-dividend distribution.
[Return of Capital ](https://www.fidelity.com/learning-center/investment-products/closed-end-funds/return-of-capital-part-one)
Let us know if you have any other questions. We're here to help out.