Shoulda Had a V-8 (And An ETF)
November 28th at 8:00am by Tom Lydon
As if you needed yet another reason to invest in exchange traded funds (ETFs): mutual fund holders are getting socked with big capital gains distributions this year, Morningstar reports. Vanguard International Explorer (VINEX) takes the cake with its estimation that it will pay $2.95 per share, or 13.4% of its NAV.
Vanguard Capital Value (VCVLX), estimates that it will be distributing $1.41 per share, or 11.8% of its NAV.
We hate to say we told you so. For next year, why not think about ETFs? Since there’s little or no capital gain passed on to investors.
