MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Interesting note on Tweedy Browne's estimated year-end distributions

ShostakovichShostakovich
in Fund Discussions
Tweedy's Worldwide High Dividend Value Fund is paying a smaller year end income distribution than all its other funds. Even in you take into account that TBHDX pays a dividend mid-year, and make a quick back of envelope adjustment by doubling the year-end income distribution you'd find that TBHDX's divvy is on par with their other funds.

Its possible that dividend stocks were "value" stocks this year, or that there were other dynamics (and I'm not slamming Tweedy, my wife invests with them although I do not): just noting the fact as a curiosity.

Cheers.

Comments

  • msf
    The income dividends on TBHDX are $0.126 (mid year) + $0.121 (YE est) ~= $0.25 on an NAV around $12, for about 2.1%

    The income dividends on the other funds (that pay only yearly) are, based on estimates:
    Global Value = $0.334/$26.92 ~= 1.2%
    Value = $0.262/$23.68 ~= 1.1%
    Value II = $0.174/$14.35 ~= 1.2%

    The dividend dollar amount is comparable, but the NAV of the fund is half that of the others ($12 vs. $25 or so).

  • ShostakovichShostakovich
    msg -- I am embarassed that I overlooked that simple fact. Thank you !
Sign In or Register to comment.