Debbie Carlson | MarketWatch | Dec 13th, 2021
Category: Financial News
American Century, Vanguard among those passing on more than 20% of a fund through capital-gains distributions
Amid the holiday cards coming in the mail and inboxes this season is a potentially not-so-nice greeting for some mutual-fund investors: capital-gains distributions.
It’s not all bad news. A number of funds are paying out gains because stocks gained this year, with the S&P 500 index SPX, -1.15% up 22% through November (and has continued rising in December). International markets also performed well, with the MSCI ACWI index ACWI, -0.95% up 16.8% in the same 11 months.
But the lump-of-coal part is a possible tax bill.