Originally Posted by 3 Yrs to Go
Now it's hard to complain about Explorer's performance, but Vanguard's REIT Index performed even better but only paid out 0.5% in capital gains.
Didn't the REIT kick out a few dividends? That could be more of a tax bill than the cap gains distributions.
Our least efficient fund, Tweedy, Browne Global Value (TBGVX), kicked out about 1.4% in dividends and another 1.1% in long-term cap gains. Their turnover is usually below 20% and we'll get some of that back in foreign tax credits.
Our most tax-efficient investment, Berkshire Hathaway, didn't kick out any dividends or cap gains. But I bet they file another six-foot tax return.