My review of VUVLX shows it loss $2.05 or 14% today, 12/17/07. I have never seen any of my Vanguard funds move that much. The market was not that bad. Any one know what happened?
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I want to add one post script. When I checked the fund last night there was only the 14% loss and no credit to the account, leading to my confusion. This morning there was a credit for short term, long term gains and dividends, offsetting most but not all of the loss on 12-17-07. I guess I am looking at my accounts too often.
Same thing happened to Vanguard Windsor (VWNDX). Yesterday it went down from $19.76
(edited to add: NO - - my mistake, $17.98, thanks CFB)
to $15.53, due to a dividend, short term, and long term capital gains. The number of my shares went way up too, for that reason, since I have directed Vanguard to reinvest everything.
I think a lot of Vanguard funds do this in December. Last year was the first time I experienced this happening, and like you, I was a little concerned! But all is well. This year I am blase and worldly about it.
__________________ "Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harborless immensities." - - H. Melville, 1851
I hope that's what happened to my American Funds fund CWGIX. It went down about 10% yesterday and i've been trying to figure out what happened for the last couple hours.
I hope that's what happened to my American Funds fund CWGIX. It went down about 10% yesterday and i've been trying to figure out what happened for the last couple hours.
I think it probably is the same situation. If you go here,
click on the tab for historical distributions, and put in "December, 2007", it says there was both a dividend and Capital gains distribution on the 17th.
__________________ "Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harborless immensities." - - H. Melville, 1851
Some of it was market loss, but yeah, it was kind of a shock. And OOPS!!! I made a mistake in the value last Friday, which was $17.98, not $19.76. So, I just corrected it above.
__________________ "Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harborless immensities." - - H. Melville, 1851
I agree. Gotta love those index funds like TSM at this time of the year!
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One of the reasons I got out of the Windsor II fund a few years back. Nice fund, good returns, but MAN did they drop some heavy distributions at the end of the year.
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One of the reasons I got out of the Windsor II fund a few years back. Nice fund, good returns, but MAN did they drop some heavy distributions at the end of the year.
That is sure understandable! I think Windsor II is even worse than Windsor about that, or was last year anyway. I have Windsor in my Roth IRA, but I will probably be getting out of it in 2008 to make room for even more tax-inefficient stuff that needs to be there.
Large cap value is included in VTSMX Total Stock Market (which I intend to include in taxable), and I will probably just forget about Windsor.
__________________ "Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harborless immensities." - - H. Melville, 1851
Good thing that they are in the Roth instead of being taxable.
Definitely.
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Originally Posted by cute fuzzy bunny
Hold on, i'm still modeling a 14% SWR based on a hocu$ian 1.5% TIPS strategy...
Well, I hope you figure that one out! No TIPS in my future, most likely, and I'll be happy with 3.5%.
"All models are wrong, but some are useful." - - G.E.P. Box, 1979
__________________ "Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harborless immensities." - - H. Melville, 1851
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