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Unusual drop in Vanguard 2020 target retirement fund (VTWNX) today

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Unusual drop in Vanguard 2020 target retirement fund (VTWNX) today

Old 12-31-2020, 07:02 PM
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yes you always pay one way or the other but there's something special about getting a tax bill when your net asset value doesn't go up one penny
Old 01-01-2021, 04:58 AM
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Originally Posted by My Turn View Post
yes you always pay one way or the other but there's something special about getting a tax bill when your net asset value doesn't go up one penny

That's the dirty secret of the MF world. I've advocated for years that they need to publicly post their imbedded capital gains. And never buy a managed fund in a taxable account within 30 prior to ex date w/o knowing what could happen.
Old 01-01-2021, 08:56 AM
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Originally Posted by Re-Bait View Post
That's the dirty secret of the MF world. I've advocated for years that they need to publicly post their imbedded capital gains. And never buy a managed fund in a taxable account within 30 prior to ex date w/o knowing what could happen.
Pretty sure you can usually find the unrealized gains for a fund, caclulated quarterly. I stick to Index ETFs in taxable accounts, the dividends are pretty predictble for index based ETFs.
Old 01-01-2021, 09:36 AM
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Originally Posted by My Turn View Post
Pretty sure you can usually find the unrealized gains for a fund, caclulated quarterly. I stick to Index ETFs in taxable accounts, the dividends are pretty predictble for index based ETFs.
I'm talking capital gains, a different animal
Old 01-01-2021, 12:09 PM
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Never heard of "imbedded" CG. Familiar with realized and unrealized....
Old 01-01-2021, 01:17 PM
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Imbedded gains are what follows around 'behind' a fund. I believe there's no way to know.

You never will even know what that years potential cap gain payout is going to be until they declare the expected cap gains. I believe the cut off is trading thru 10/31 for the year. A fund may pay a 10% CG in a good year. They may pay a 10% CG in a bad year. They may pay a 10% CG in a flat year...... But rarely do they realize all their CG in any 1 year. So there's potential more gains waiting in the wings.

Paying a CG on a MF that's lost you money in 1 year is one thing. But if you hold on and the next year they do it again you'll be on ph with CPA asking WTH just happened? It's an area of taxation that has been discussed as needing a fix by/from congress.

And of course it's not an issue in a deferred account!!


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