Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

FMIJX income dist.

I don't own it but noticed that the FMI International fund made an income distribution on Friday -- that's income, not capital gains -- amounting to around 13% of its NAV. Can someone suggest how an equity mutual fund could make such a large income distribution? It's not something I've seen before. Maybe I'm missing something.


  • May be due to currency hedging.

    Skipped distribution in 2020.
  • Good point. FMIJX is currency hedged int’l fund. FMI also has a unhedged version of the same fund, and the income distribution part should be much smaller.
  • Appears the same took place 2018 - 2019
  • Best is to call FMI directly in order to get the appropriate answers. We are guessing here although there are few possibilities.
Sign In or Register to comment.