2024 Year-End Distributions

[scrabbler1]

As I have done the last few years, I am starting a thread where you can post any year-end (2024, this time) cap gain and dividend distributions by your brokerage company.

Here is last year's thread:

2023 Year-End Distributions

As I have done the last few years, I am starting a thread where you can post any year-end (2023, this time) cap gain and dividend distributions by your brokerage company. Here is last year's thread: https://www.early-retirement.org/forums/f28/2022-year-end-distributions-115709.html Fidelity's...

www.early-retirement.org

Fidelity's just came out for year-end 2024. Its contents may change as they add more estimates to the mix. Maybe they include dividends again?

And here are Fidelity's 2024 estimates so far:

Distributions by Fidelity Mutual Funds - Fidelity

Unlike last year, I see nothing bizarre which would concern me and my taxes.

 

[MichaelB]

Thanks, scrsbbler1.

So soon? Why does it feel we just got over the last one?

 

[audreyh1]

This site does a great job of collecting links to year end distribution estimates from all the mutual funds. It’s pretty much my go to.

2024 capital gains distribution estimates

'Tis that time of year again! Some preliminary estimates are now available. As in years past, please alphabetize your funds.

www.mutualfundobserver.com

 

[Wupot2020]

As I have done the last few years, I am starting a thread where you can post any year-end (2024, this time) cap gain and dividend distributions by your brokerage company.

Here is last year's thread:

2023 Year-End Distributions

As I have done the last few years, I am starting a thread where you can post any year-end (2023, this time) cap gain and dividend distributions by your brokerage company. Here is last year's thread: https://www.early-retirement.org/forums/f28/2022-year-end-distributions-115709.html Fidelity's...

www.early-retirement.org

Fidelity's just came out for year-end 2024. Its contents may change as they add more estimates to the mix. Maybe they include dividends again?

And here are Fidelity's 2024 estimates so far:

Distributions by Fidelity Mutual Funds - Fidelity

Unlike last year, I see nothing bizarre which would concern me and my taxes.

American century….https://www.americancentury.com/plan/tax-center/estimated-distributions/

Schwab link but no updates as of today (10/24)….https://www.schwabassetmanagement.com/resources/distributions-and-tax-center

 

[marko]

T. Rowe Price came out this afternoon.

T. Rowe Price Personal Investor - Dividend Distributions

Access dividend and capital gains distributions for the current and previous tax years, and, when relevant, estimates for year-end from T. Rowe Price.

www.troweprice.com

 

[clobber]

T. Rowe Price came out this afternoon.

T. Rowe Price Personal Investor - Dividend Distributions

Access dividend and capital gains distributions for the current and previous tax years, and, when relevant, estimates for year-end from T. Rowe Price.

www.troweprice.com

Thanks for that. Any idea why Blue Chip Growth distributions are so large this year ($16+)?

 

[TheWizard]

My taxable account is at Vanguard and my monthly statements from them project what the total dividend amount for the year is likely to be.
I'll use my statement in early December to figure how big of a year-end Roth conversion to do.

I'll likely check their full distribution list for the fourth quarter when it comes out to make sure there's no surprise Capital Gains Distributions for any of the funds I own, but that's not likely since they're all index funds...

 

[Wetfly93]

As I have done the last few years, I am starting a thread where you can post any year-end (2024, this time) cap gain and dividend distributions by your brokerage company.

Here is last year's thread:

2023 Year-End Distributions

As I have done the last few years, I am starting a thread where you can post any year-end (2023, this time) cap gain and dividend distributions by your brokerage company. Here is last year's thread: https://www.early-retirement.org/forums/f28/2022-year-end-distributions-115709.html Fidelity's...

www.early-retirement.org

Fidelity's just came out for year-end 2024. Its contents may change as they add more estimates to the mix. Maybe they include dividends again?

And here are Fidelity's 2024 estimates so far:

Distributions by Fidelity Mutual Funds - Fidelity

Unlike last year, I see nothing bizarre which would concern me and my taxes.

Thank you started doing mine yesterday long with looking at tax software. Planning time.

 

[PaunchyPirate]

Ugh. I just received a larger-than-expected capital gains distribution from a managed fund (Jensen Growth, JENSX) that I've been stuck with for years. I haven't want to sell it because of the significant gains it has and I'm managing my income for ACA subsidy purposes. This year's distribution is about $5000 more than it was last year (and any previous year) which pretty much wipes out my income reduction for my HSA contribution. They also did the distribution yesterday, which is a full month earlier than in previous years. I guess they felt guilty and decided to do it now to give us more time to react to the tax situation. I'll probably have to pay back some of the ACA subsidy now. Grrrrr.

 

[audreyh1]

On the good side, every distribution reduces that unrealized gain you are stuck with. Unfortunately in strong markets these funds just grow more!

I got my final estimates yesterday. One fund was a lot higher, but so far knock on wood, didn’t force me into another IRMAA level.

 

[athena53]

I just refined my estimates for Vanguard and a few American Funds. Looks like my preliminary estimate of double the 2023 distributions is about right.

Glad to be moving gradually into ETFs where "surprise" gains are less of an issue.

 

[audreyh1]

Wow, double!

I have the cap gains estimates for everything, and dividend estimates for everything but the Fidelity funds. For the Fidelity equity funds end of year dividends I used a 7% over last year increase in my calculations. That’s how much stock dividends have increased in 2024 compared to a year ago.

 

[PaunchyPirate]

Yea, my $5000 increase mentioned above is also about double what last year's distribution was. That's why it was a bit of a shock. Oh well. Might as well blow the dough on something.

 

[grasshopper]

Vanguards short list of EOY guesstimates.

https://investor.vanguard.com/content/dam/retail/publicsite/en/documents/preliminary-capital-gains-distribution-estimates-112024.pdf

 

[scrabbler1]

BNY-Mellon (formerly Dreyfus) posted their year-end distribution estimates.

Our Funds

Learn about BNY Mellon mutual funds. Compare the performance of our equity, fixed income and alternative funds that can be part of a diversified portfolio.

www.bny.com

 

[audreyh1]

This list at Mutual Fund Observer now looks very complete. By 11/15 most fund families have posted their estimates.

2024 capital gains distribution estimates

'Tis that time of year again! Some preliminary estimates are now available. As in years past, please alphabetize your funds.

www.mutualfundobserver.com

 

[jaga]

An interesting read on this topic "Ready for a big capital gains tax bill?" (Morningstar)

https://www.morningstar.com/funds/ready-big-capital-gains-tax-bill

 

[mrfeh]

An interesting read on this topic "Ready for a big capital gains tax bill?" (Morningstar)

https://www.morningstar.com/funds/ready-big-capital-gains-tax-bill

Another reason to not invest in actively managed funds.

 

[Al18]

Don’t put actively managed funds in your brokerage account.

 

[jj]

My taxable account is at Vanguard and my monthly statements from them project what the total dividend amount for the year is likely to be.
I'll use my statement in early December to figure how big of a year-end Roth conversion to do.

I'll likely check their full distribution list for the fourth quarter when it comes out to make sure there's no surprise Capital Gains Distributions for any of the funds I own, but that's not likely since they're all index funds...

My bold.

I'm with Vanguard too, I can't see on my November month-end statement any projection of total dividends for the year. What am I missing?

Thanks

 

[TheWizard]

My bold.

I'm with Vanguard too, I can't see on my November month-end statement any projection of total dividends for the year. What am I missing?

Thanks

You are correct.
They used to do that in the past few years but have now stopped.
I'm annoyed but will figure an estimate on my own...

 

[jollystomper]

An interesting read on this topic "Ready for a big capital gains tax bill?" (Morningstar)

https://www.morningstar.com/funds/ready-big-capital-gains-tax-bill

I am too lazy to check all of the 50 funds listed as having the highest capital payouts, but I randomly checked a few of them. The ones I checked all had front loads and/or high expense costs. I wonder if that is just a coincidence. No Fidelity or Vanguard funds made the top 50 list.

 

[TheWizard]

I am too lazy to check all of the 50 funds listed as having the highest capital payouts, but I randomly checked a few of them. The ones I checked all had front loads and/or high expense costs. I wonder if that is just a coincidence. No Fidelity or Vanguard funds made the top 50 list.

It's not a coincidence...

 

[jj]

You are correct.
They used to do that in the past few years but have now stopped.
I'm annoyed but will figure an estimate on my own...

That's a shame. I was already in the process of figuring it out from looking at last year's December distributions. It's guesswork.

Thanks for replying.

 

[Dalton]

That's a shame. I was already in the process of figuring it out from looking at last year's December distributions. It's guesswork.

Thanks for replying.

Check here for Vanguards 4th quarter estimates:
2024 Final estimated year-end distributions