DoubleLine Shiller Enhanced CAPE down -6.5% today?

MikeM

Is this an error, or what the heck happened? DSENX down -6.45%. That's what I see on my Schwab account.

Ted

@MikeM: If I'm not mistaken, Capital Gains Distribution.
Regards,
Ted

DavidV

Short + Long term cap. gains distribution $1.067/share
https://doublelinefunds.com/wp-content/uploads/2017_DLFunds_EstimatedCapitalGains.pdf

MikeM

Thank you guys. Almost spilled my beer when I saw that.

Sven

It is that time of the year. Whenever I see a sizable drop, usually it is due to the year-end distribution.

LLJB

Same thing for TDVFX- down 19.29%!! Of course it has to be a distribution but I haven't seen any estimates on their website and the percent is a bit shocking. Ugh!

expatsp

@LLJB I've got TDVFX too and I like the sign that they're selling stocks that have hit their fair value... But yes, their website is lousy at communication. Then again, it's one of the few funds I've got in a tax-sheltered account, so I can be philosophical about it.

hank

Sven said:

It is that time of the year..

Ditto - December should bring lots of thrills & chills.

bee

An article on the topic from Fidelity:

tax-information/tax-topics/mutual-funds

VintageFreak

Did @MikeM buy donuts already? I thought it was a rule if someone yelled "sky is falling" and it was because of YE Distribution, one is supposed to buy donuts

davidrmoran

it is, and I am chomping on mine