VWINX drop 3.54%

[ducky911]

Happens every year must be yearly dividend or something. gave me a scare at first.

 

[pb4uski]

Dividends and capital gain distributions went ex-dividend I think.

See https://personal.vanguard.com/us/insights/article/estimated-yearend-distributions-12092013

 

[NW-Bound]

Whoa! One of my MFs goes ex-dividend today, and drops 23%. This is an active fund that has 71% portfolio annual turnover, so realizes a lot of cap gains.

I have had this fund for a long time, and am reluctant to sell it because of my own cap gains. It beat the S&P up to 2008, but since then just tracked it.

 

[Texas Proud]

Dividends and capital gain distributions went ex-dividend I think.

See https://personal.vanguard.com/us/insights/article/estimated-yearend-distributions-12092013

Thanks for the link.... I was looking all over for it and could not find it...


You would think there would be a BIG link on the front page, the portfolio page... heck, all pages....

 

[Texas Proud]

Whoa! One of my MFs goes ex-dividend today, and drops 23%. This is an active fund that has 71% portfolio annual turnover, so realizes a lot of cap gains.

I have had this fund for a long time, and am reluctant to sell it because of my own cap gains. It beat the S&P up to 2008, but since then just tracked it.

If they are giving such big cap gains, you might not have much left over... check out your basis, you might be surprised...

 

[NW-Bound]

It's true that I have been paying some taxes all along for the gain.

However, they do not always have big payouts like this, plus I have had some of these MFs for 25 years.

 

[Texas Proud]

It's true that I have been paying some taxes all along for the gain.

However, they do not always have big payouts like this, plus I have had some of these MFs for 25 years.

My mom has had one for over 30 years.... I had Fidelity go back and figure out the basis... I was pretty surprised how little gain was there....

IOW, unless the fund is an index or a 'tax advantaged' one like an index and hold stocks for many many years, the gains have to be realized over time...