Dividends & Distributions

2017 Distribution Dates:

Funds Record Date Reinvest Date Payable Date
BUFBX1, BUFHX2 January 17, 2017 January 18, 2017 January 18, 2017
BUFBX1, BUFHX2 February 17, 2017 February 21, 2017 February 21, 2017
BUFBX1, BUFHX2, BUFDX3 March 17, 2017 March 20, 2017 March 20, 2017
BUFBX1, BUFHX2 April 17, 2017 April 18, 2017 April 18, 2017
BUFBX1, BUFHX2 May 17, 2017 May 18, 2017 May 18, 2017
BUFBX1, BUFHX2, BUFDX3 June 19, 2017 June 20, 2017 June 20, 2017
BUFBX1, BUFHX2 July 17, 2017 July 18, 2017 July 18, 2017
BUFBX1, BUFHX2 August 17, 2017 August 18, 2017 August 18, 2017
BUFBX1, BUFHX2, BUFDX3 September 18, 2017 September 19, 2017 September 19, 2017
BUFBX1, BUFHX2 October 17, 2017 October 18, 2017 October 18, 2017
BUFBX1, BUFHX2 November 17, 2017 November 20, 2017 November 20, 2017
ALL Funds December 18, 2017 December 19, 2017 December 19, 2017

1 BUFBX - Buffalo Flexible Income Fund
2 BUFHX - Buffalo High Yield Fund
3 BUFDX - Buffalo Dividend Focus Fund


Distributions:

March 2017 Monthly Distributions
Record Date:  03/17/17 Reinvest Date:  03/20/17 Payable Date:  03/20/17
Buffalo Flexible Income Fund $0.01956729 -- $0.01956729 -- $0.01956729 $14.75
Buffalo High Yield Fund $0.02326518 -- $0.02326518 -- $0.02326518 $11.18

First Quarter 2017 Distributions
Record Date:   03/17/17 Reinvest Date:   03/20/17 Payable Date:   03/20/17
Buffalo Dividend Focus Fund $0.04662158 -- $0.04662158 -- $0.04662158 $15.37

Distributions by Quarter:

First Quarter 2017 Distributions
Record Date:  03/17/17 Reinvest Date:  03/20/17 Payable Date:  03/20/17
Buffalo Dividend Focus Fund $0.04662158 -- $0.04662158 -- $0.04662158 $15.37

Year - End Distributions:

2016 Year - End Distributions
Record Date:  12/19/16 Reinvest Date:  12/20/16 Payable Date:  12/20/16
Buffalo Flexible Income Fund $0.04563388 $0.00703 $0.04563388 $0.05969 $0.11235388 $14.66
Buffalo Dividend Focus Fund $0.04502534 $0.06489 $0.04502534 $0.03508 $0.14499534 $14.58
Buffalo Large Cap Fund $0.12945793 -- $0.12945793 $0.68562 $0.81507793 $24.85
Buffalo Growth Fund $0.22095542 $0.02407 $0.22095542 $1.40548 $1.65050542 $29.11
Buffalo High Yield Fund $0.05828912 -- $0.05828912 $0.25704 $0.31532912 $11.06
Buffalo International Fund $0.11967161 -- $0.11967161 -- $0.11967161 $11.40
Buffalo Mid Cap Fund -- $0.07465 -- $1.19800 $1.27265 $15.28
Buffalo Emerging Opportunities Fund -- $0.07442 -- $1.15561 $1.23003 $14.89
Buffalo Small Cap Fund -- $0.69997 -- $3.08636 $3.78633 $15.31
Buffalo Discovery Fund -- $0.28301 -- $0.23560 $0.51861 $20.47

2014 Year - End Distributions
Record Date:  12/31/14 Reinvest Date:  01/02/15 Payable Date:  01/02/15
Buffalo International Fund $0.00898943 -- $0.00898943 -- $0.00898943 $11.39