Broker Check

What is your mutual fund tax drag?

December 12, 2023

December is normally recognized as a month for giving. One unwelcome gift is Capital Gains Distributions from Mutual Funds held in a non-qualified (not a retirement) account.

The attached flyer walks through the mechanics of how this works. Each mutual fund publishes a turnover ratio and each December publishes Capital Gains distributions for the year. 

Capital Gains Tax Drag

If you would like to review your non-qualified portfolio for potential tax savings, feel welcome to give a call or drop me an e-mail