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John Waggoner: Expect Higher Than Average Capital-Gains Distributions This Year: Morningstar
Interesting. I would have expected modest distributions because it seemed we got hefty distributions last year. That was a year of small growth after some hot years, so I thought those distributions would have cleared out much of the capital gains.
Apparently a culprit is people fleeing actively managed funds generally. (This leaves the same amount of gain to be distributed among fewer shareholders.)
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Apparently a culprit is people fleeing actively managed funds generally. (This leaves the same amount of gain to be distributed among fewer shareholders.)