FYI: Shareholders of Oak Ridge Small Cap Growth Fund (ORIGX) got an unpleasant surprise during the holiday season.
The small-cap growth fund made a capital-gains payout of nearly $22.77 a share, or about 60% of its net asset value, on Dec. 12, according to FactSet. The payment sent its share price tumbling to $15.07 from $38 the prior day.
Regards,
Ted
http://www.cetusnews.com/business/A-Payout-Rocks-a-Small-Cap-Fund.H1-CELveVz.html