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TR Price LT Capital Gains

bilvihur
in Fund Discussions
Price converted my Investor Class funds to I Class. This was supposed to have no tax consequences. I received some rather large (and unexpected) LT distributions for some of the funds (especially TBCIX). Anyone else get similar surprises?

Comments

  • yogibearbullyogibearbull
    Both TRBCX and TBCIX had high distributions, so there won't be relief from CG distributions from class conversion.

    Ex-div 12/12/24

    TRBCX distribution $16.9089, reinvestment price $193.34
    TBCIX distribution $17.1255, reinvestment price $194.51

    Of course, you don't get taxed on unrealized CG in tax-free conversion.

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