ITOT ETF paying non-qualified or qualified dividends?

ExPatKiwi

Recycles dryer sheets
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Feb 2, 2021
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I have a taxable account with the ITOT ETF fund that I've held for a year and it has paid out quarterly dividends this year. When looking at the tax estimates today at Fidelity it's showing the dividends as non-qualified e.g. ordinary dividends instead of qualified.


Does this sound correct does ITOT only pay out non-qualified ordinary dividends?
 
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