Tax Bills on the Rise for Fund Investors
A long-running bull market means great returns and a growing tax burden.
The downside to a seven-year bull market is taxes. Even if you don't sell your funds, you will be getting more capital gains distributions, which require you to pay taxes (unless your funds are in a tax-sheltered account).
We've seen the amount of capital gains steadily creep up in recent years, and that figures to continue as long as the stock market rally does.
Russel Kinnel has a position in the following securities mentioned above: SLADX. Find out about Morningstar’s editorial policies.