What happened to VHGEX?

[Azurik]

It's down 4%+ today?!?

 

[EKKC]

people are cashing in to do last minute christmas shopping?

 

[James Bond]

There doesn't seem to be any news on it... down almost 5% :/

 

[KaChow]

Capital gains time for lots of funds right around now.

 

[DaveSimmons]

When a fund pays out dividends and capital gains the fund value drops, but you get either the money or new shares (if you've chosen to reinvest) so there is no change in the value of your account from this.

There is unfortunately a tax bite if this is in a regular account instead of a 401k or IRA.

 

[Azurik]

Originally posted by: DaveSimmons
When a fund pays out dividends and capital gains the fund value drops, but you get either the money or new shares (if you've chosen to reinvest) so there is no change in the value of your account from this.

There is unfortunately a tax bite if this is in a regular account instead of a 401k or IRA.

I realize this part DaveSimmons. When I last read about their capital gains/distributions, I thought it was later on in December and not so early. I thought it could have been that Taiwanese gov't thing that had to do with their currency (in case you guys don't know, Thailand's stock market lost north of 14% today, the biggest crash in eons).

And the mutual fund is in my ROTH IRA, no tax bite for me.

 

[Gunslinger08]

Would now be a good time to buy shares?

 

[Azurik]

Ok, my bad guys. I should have double-checked. I thought the distributions was next week. The record date was the 18th to be distributed today on the 19th, payable on the 20th.

Forget what I said. I'm still up 20% on this, weeeeeeeeeeeeeee!

 

[her209]

Nice!

 

[alrocky]

Capital Gains Estimates Click on fund names for actual distributions. Looking at some of those numbers, I hope the fund owners have them in IRAs and not taxable accounts.

 

[DaveSimmons]

To become Captain Obvious for a moment:

If you can arrange things this way, it's best to have your actively managed funds, small-cap, and worldwide funds in tax-sheltered accounts like 401k and IRA.

Then put your low-tax-bite medium/large index funds like my beloved VFINX S&P 500 fund into your regular brokerage account.

You stay diversified, but your tax bite is lower than if you keep any of the higher-tax funds in your regular account.