Citi Benefits Handbook
How Distributions Are Processed
Distribution requests that are received by 4 p.m. ET are processed as of that day using the closing values for that day, or as reasonably practicable thereafter. Distribution requests that are received after 4 p.m. ET will be processed on the next business day using the closing values for that day. Certain exceptions apply to this general rule, such as when the market closes earlier than 4 p.m. ET or is not open for business on that day (i.e., a holiday or a weekend).