In your fund profiles, in relation to “Income return” and Growth return”, in which of these two sections are realised capital gains reflected?
Realised capital gains must be distributed to the investor by the end of the tax year; as such they are income returns. However, there is no requirement to distribute the realised capital gains within the year. A manager can make distributions throughout the year, perhaps each quarter, but still not distribute all the realised capital gains until the very end of the year.
Related Questions
- Why are the capital gains for the Wells Fargo Advantage Precious Metals Fund and Wells Fargo Advantage Small Cap Growth Fund larger (as a percentage of the Funds’ NAV) than the distributions for other funds?
- Did the Fund pay a year-end dividend? If so, what was the record and pay dates, the amount, and was the dividend from capital gains or from net investment income?
- What is an Aggressive Growth Fund?
