Any "crystal balls" on year end fund distributions ?
Looks like Fidelity will be posting "through September" estimates
Interesting article -hopefully previous losses will keep 2010 distributions light...
While the stock market roared in the 1990s and in the middle of the last decade, investors in equity funds in taxable accounts paid hundreds of billions of dollars in capital gains taxes. In a few years, like 2000, investors were hit with a double-whammy: their funds lost value amid the overall market’s decline, but they still had to pay taxes on capital gains after fund managers sold stocks
that had soared in previous years.
This year, the tax burden on mutual fund investors will be relatively light, because many fund managers still have substantial tax losses on their books from previous years that they can use to offset any capital gains accumulated in 2010.