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It's possible that for funds distributing both income and cap gains divs, this page is reporting the record date for the income divs (which are typically on the same date as cap gains or later). So that could explain the mismatch.
Regardless, this mismatch makes me somewhat more suspicious than normal about the estimates.
According to Morningstar's page on the Bruce Fund, the distribution date last year was the 18th. In previous years it has been as late as December 21. Hope that helps. Dave
According to Morningstar's page on the Bruce Fund, the distribution date last year was the 18th. In previous years it has been as late as December 21. Hope that helps. Dave
Alrighty then. Maybe just do every month for 10 months beginning at Christmas.
@VintageFreak Just talked to Bruce Fund shareholder services concerning a different matter.Rep named Joe was extremely knowledgable ,answered my concerns beyond expectations.
@VintageFreak Just talked to Bruce Fund shareholder services concerning a different matter.Rep named Joe was extremely knowledgable ,answered my concerns beyond expectations.
They'll know at closing today because they distribute on or about the 15th. Again, see link above for historical distribution dates, except for the 12/15/2015 distribution, which Morningstar gives you here.
The figures Rainer is talking about won't be estimates but exact numbers after the funds close on their record date.
Comments
The cap gains estimates (posted above by shadow):
https://am.jpmorgan.com/blob-gim/1383381886694/83456/2016 JPM Funds Capital Gains Estimates - Final Posting.pdf?segment=AMERICAS_US_ADV&locale=en_US
This page,created Oct 12, shows record dates of Dec 13-15, depending on fund.
Another page, created November 11, shows record dates (but not estimates) for income and cap gains distributions shows record dates of Dec 19, 27, and 29, depending on the fund.
https://am.jpmorgan.com/blob-gim/1383373248579/83456/4Q-Dividend-Calendar.pdf?segment=AMERICAS_US_ADV&locale=en_US
It's possible that for funds distributing both income and cap gains divs, this page is reporting the record date for the income divs (which are typically on the same date as cap gains or later). So that could explain the mismatch.
Regardless, this mismatch makes me somewhat more suspicious than normal about the estimates.
Growth, Balanced and Small-Cap.
https://www.mairsandpower.com/news-and-updates/208-2016-capital-gains-and-dividends
By Phone or FAX
For shareholder services, please call 800-872-7823 or by FAX at 877-513-0756
If you have questions for the fund manager, please call 312-236-9160.
http://www.thebrucefund.com/contact.aspx
I spoke with a CSR of the transfer agent...record date and payable date are 12/16. I would call again to confirm this information is correct.
Do a "find" using the browser on the first page of this post.
I have not seen anything yet for Rainer and its affiliate Manning & Napier as I was just on both of their websites.
http://rainierfunds.com/Strategies/SmallMidCapPortfolio/Pages/DistributionHistoryOriginal.aspx
They'll know at closing today because they distribute on or about the 15th. Again, see link above for historical distribution dates, except for the 12/15/2015 distribution, which Morningstar gives you here.
The figures Rainer is talking about won't be estimates but exact numbers after the funds close on their record date.
MPGFX $5.04/share
MAPOX $1.58
MSCFX $0.46 cents