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.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.