How are capital gains and losses calculated?
Mutual fund distributions – Short- and long-term capital gain distributions represent a fund’s net realized gains, minus any realized losses. Gains or losses from shareholder transactions – If you sell fund shares during the year, you’ll receive a report listing the amount of the proceeds as well as the sales price. You can then use your initial purchase price to calculate the gain or loss, based on one of four IRS-approved methods. Please consult your financial professional or tax advisor for more information.
