What We're Not Thankful for: Big Capital Gains Distributions
A roundup of the largest distributions from the big fund complexes.
Mutual fund capital gains distributions. They come unbidden, usually in early or mid-December. And they're one of the worst parts of owning mutual funds.
Funds might sell appreciated securities for a variety of reasons. Perhaps a stock hit management's sell target--not out of the question, given the ongoing strength in the market in 2014--or a new manager came aboard and wanted to change up the portfolio. Or perhaps management had to liquidate positions to pay off departing shareholders.
Christine Benz has a position in the following securities mentioned above: OAKLX. Find out about Morningstar’s editorial policies.