Shareholders in Morgan Stanley’s wide array of domestic and global growth funds will have sizable tax bills this year. The link to the details is in a recent post in Capital Gains, first of all Discussions topics. The great year these funds had in 2020 was followed by tepid performance this year. I suspect a lot of trimming and selling of successful positions took place. GLCAX, one our holdings, mercifully in a Roth, will distribute 16+%, but one of the Insight funds will throw off 27+%. We don’t own that one.
