2021 Year-End Distributions

[MichaelB]

Thanks audreyh1. I don't see VFIAX or VTSAX on the list. Is it because these two funds are not distributing LTCGs, which is because they are index funds (low turnover)?

In addition to being index funds, both those funds have ETF class as well as mutual fund, so capital gains are all moved out thru the ETF. It’s a great option only Vanguard offers.

 

[Trooper]

I had a money market fund distribute a short term cap gain yesterday. Weird, huh?

Very weird. Did its NAV exceed $1.00 throughout the year?

 

[SecondCor521]

I had a money market fund distribute a short term cap gain yesterday. Weird, huh?

Hmm.

The only thing I can think of is that money market funds often own short term Treasuries. If they bought then sold some of those, any appreciation in the price could result in a STCG.

The fund management may be trying to actively manage their Treasuries - which would seem odd for a MM fund - or they could have faced a massive inflow or outflow of fund assets for some reason.

Hope it was small or that you have some capital losses to offset. STCG are not treated kindly on a tax return.

 

[audreyh1]

Very weird. Did its NAV exceed $1.00 throughout the year?

Didn’t notice.

It was the Fidelity Treasury Money Market fund.

A whole whopping $2.

 

[Another Reader]

Didn’t notice.

It was the Fidelity Treasury Money Market fund.

A whole whopping $2.

Too small for a 1099...

 

[SecondCor521]

Too small for a 1099...

Too small for a 1099-INT to be required. But should probably be reported on a 1099-B, where I think I've seen amounts less than that reported.

 

[audreyh1]

Too small for a 1099...

Oh I own several other funds in that brokerage account. It will be on a 1099.

 

[Trooper]

OK - I found the Vanguard capital gains distributions estimates for 2021. These just give total capital gains - not broken out by short and long.
https://personal.vanguard.com/pdf/FAPYEEST_112021_RIG_Final.pdf

They usually don't post the dividend estimates until way later sometime in Dec.

Here's a link to VG's Capital Gains estimates, with short and long broken out. It also contains dividend estimates.
https://advisors.vanguard.com//iwe/pdf/taxcenter/FAFYEEST_122021.pdf

 

[steelyman]

It’s good these are coming in. I only have one more taxable account with mutual funds and I hope to empty that in a year or two. One less form to wait for.

 

[jj]

I'm quite shocked to see how much higher the Vanguard dividend estimates are compared with the same quarter in 2020. I guess 2021 has been a better year than I thought.

 

[chassis]

I got walloped with 20% in distributions this week from one of my funds. Another one coming before year end, I expect it to be big.