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scrabbler1 · 10-25-2022, 07:38 AM

As I have done the last few years, I am starting a thread where you can post any year-end (2022, this time) cap gain and dividend distributions by your brokerage company.

Here is last year's thread:

https://www.early-retirement.org/for...ns-111417.html

Fidelity's just came out for year-end 2022. Its contents may change as they add more estimates to the mix. Maybe they include dividends again?

And here are Fidelity's 2022 estimates so far:

https://www.fidelity.com/mutual-fund...able=estimated

audreyh1 · 10-25-2022, 08:16 AM

Thanks much!

I've been thinking about this, but waiting as I know most fund families release their estimates in November.

At first glance this looks like a considerable drop from last year. Knock on wood!

**MichaelB** · 10-25-2022, 09:41 AM

Quote:

Originally Posted by audreyh1

Thanks much!

+1

Lots of interest in this thread so we’ll make it a sticky until the end of the year.

audreyh1 · 10-25-2022, 09:48 AM

Doesn’t look like https://www.mutualfundobserver.com/ has their capital gains estimates up yet. That site has been very helpful in the past.

marko · 10-25-2022, 10:37 AM

T Rowe Price usually comes out around October 15--18. So far, nothing. I check almost hourly.

audreyh1 · 10-25-2022, 10:45 AM

Quote:

Originally Posted by marko

T Rowe Price usually comes out around October 15--18. So far, nothing. I check almost hourly.

Hourly! Ha ha.

I get that.

marko · 10-25-2022, 10:51 AM

Quote:

Originally Posted by audreyh1

At first glance this looks like a considerable drop from last year. Knock on wood!

I'm at the opposite end as MF cap gains are one of the components that we withdraw to live on for the following year. I am preparing for a disappointing result as I fear the fund managers had little to sell at a gain.

audreyh1 · 10-25-2022, 10:56 AM

Quote:

Originally Posted by marko

I'm at the opposite end as MF cap gains are one of the components that we withdraw to live on for the following year. I am preparing for a disappointing result as I fear the fund managers had little to sell at a gain.

Interesting.

I just take x% every January as I rebalance, and I prefer minimum capital gains.

I am definitely getting a pay cut next year though! But that’s not really a hardship and if taxes are a bit lower that helps! Knock on wood!!!

scrabbler1 · 10-25-2022, 11:17 AM

Quote:

Originally Posted by audreyh1

Thanks much!

I've been thinking about this, but waiting as I know most fund families release their estimates in November.

At first glance this looks like a considerable drop from last year. Knock on wood!

Were you the one who once described how some stock mutual funds generate large cap gain distributions as "vomiting"?

My cap gain distributions are very small now (under $1k) once I dumped my actively managed stock fund at the end of 2019, the one which "vomited" cap gain distributions. All I have now are bond funds and a stock index fund, neither of which generate many, if any, cap gain distributions. This is not only good for my tax bills but also for my ACA subsidy, the main reason I made that big change nearly 3 years ago.

I also need to see the cap gain estimates because my (snake-bit) friend has some cap gain distributions (also from bond funds and a stock index fund) and it helps for late-year tax planning and tax withholding from his inherited IRA's RMD.

marinauser · 10-25-2022, 12:20 PM

https://www.mutualfundobserver.com/d...tion-estimates

audreyh1 · 10-25-2022, 01:15 PM

Quote:

Originally Posted by scrabbler1

Were you the one who once described how some stock mutual funds generate large cap gain distributions as "vomiting"?

My cap gain distributions are very small now (under $1k) once I dumped my actively managed stock fund at the end of 2019, the one which "vomited" cap gain distributions. All I have now are bond funds and a stock index fund, neither of which generate many, if any, cap gain distributions. This is not only good for my tax bills but also for my ACA subsidy, the main reason I made that big change nearly 3 years ago.

I also need to see the cap gain estimates because my (snake-bit) friend has some cap gain distributions (also from bond funds and a stock index fund) and it helps for late-year tax planning and tax withholding from his inherited IRA's RMD.

I don’t think that was me but it describes a near felt sentiment. I have been carefully whittling down legacy funds as opportunities arise. Last year several legacy funds paid out record cap gains distributions, and I’m sincerely hoping this year isn’t a repeat.

If they keep vomiting they will be over sooner rather than later.

**MichaelB** · 10-25-2022, 01:58 PM

I don’t mind distributions as long as they are qualified. Last year we were crushed with short term cap gains from a couple of active funds. For the ~~3rd~~ 4th time I swore off active funds forever.

This year I expect distributions to be close to historical norm for everything except petroleum sector. TIPs funds in taxable accounts will be painful (we have none).

**MarieIG** · 10-25-2022, 04:44 PM

Quote:

Originally Posted by scrabbler1

Were you the one who once described how some stock mutual funds generate large cap gain distributions as "vomiting"?

. . .

A person, naming no names, has EVERY EXCUSE for doing so, when they get their end of the year statement, the net value of which is way down, while the fund has UNABASHEDLY vomited capital gains all over the place triggering a stupid amount of tax for the privilege of losing money. Fund was terminated with EXTREME PREJUDICE the following year.

Dreyfus, I'm looking at you.

marko · 10-26-2022, 07:30 AM

T. Rowe Price's Year End Distributions came in last night.

https://www.troweprice.com/personal-...ributions.html

I was quite pleasantly surprised. My preliminary dividends and cap gains for 2022 make it the fourth 'best' (highest) year in the past 17 years. Last year was #1.

I say 'best' because this is what we're going to live on for 2023...I know many of you hate them because of taxes but for us it's our sole income source (plus SS).

My experience has been that they re-adjust mid-November slightly to the upside as well.

Looking4Ward · 10-26-2022, 07:35 AM

Looks like Wellington (VWENX) is going to be over $4 a share (6% of NAV). Hopefully the short term gain component isn't a majority of that.

Sunset · 10-26-2022, 02:35 PM

Quote:

Originally Posted by Looking4Ward

Looks like Wellington (VWENX) is going to be over $4 a share (6% of NAV). Hopefully the short term gain component isn't a majority of that.

While it's down about 15 percent [emoji34]

SecondCor521 · 10-26-2022, 02:57 PM

I looked yesterday for Vanguard but didn't find anything. They always seem to hide it in obscure places.

**MarieIG** · 10-26-2022, 03:23 PM

Quote:

Originally Posted by marko

T. Rowe Price's Year End Distributions came in last night.

https://www.troweprice.com/personal-...ributions.html

I was quite pleasantly surprised. My preliminary dividends and cap gains for 2022 make it the fourth 'best' (highest) year in the past 17 years. Last year was #1.

I say 'best' because this is what we're going to live on for 2023...I know many of you hate them because of taxes but for us it's our sole income source (plus SS).

My experience has been that they re-adjust mid-November slightly to the upside as well.

Don't hate them in my IRAs . . .

Go-NoGo · 10-26-2022, 03:41 PM

Quote:

Originally Posted by SecondCor521

I looked yesterday for Vanguard but didn't find anything. They always seem to hide it in obscure places.

Preliminary capital gains estimates - Nov 15, 2022
Final estimated year-end distributions - Dec 9, 2022

Link to Vanguard's tax calendar:
https://advisors.vanguard.com/tax-ce...r/current-year