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Largest Mutual Funds Give Loyal Shareholders Unwanted Capital Gains Distributions

TedTed
in The Bullpen
FYI: Mutual fund investors that got hit by the market pullback in 2018 will likely take another blow as many funds distribute capital gains. On the other hand, exchange traded funds will be able to highlight their tax efficient nature.

Mutual funds must distribute all their realized capital gains or profits on securities sold during the year. Mark Wilson of Mile Wealth Management and proprietor of CapGainsValet.com pointed out that as of the end of November, 517 funds announced they will pay at least 10% of net assets as taxable gains, and he projected that 531 funds will pay such large taxable distributions by year end, writes Jason Zweig for the Wall Street Journal.
Regards,
Ted
https://www.etftrends.com/largest-mutual-funds-give-loyal-shareholders-unwanted-capital-gains-distributions/?utm_source=Pagination&utm_medium=pagination&utm_campaign=pagination

CapGainsValet.Com:
https://www.capgainsvalet.com/
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