Is it possible to offset the capital loss on a mutual fund investment after a dividend declaration?
This is a practice that is popularly referred to as ‘dividend stripping’. The capital loss from a dividend declaration can be offset if you have remained invested in the mutual fund 3 months before and 9 months after the dividend declaration. If you haven’t adhered to this guideline then you cannot offset the capital loss arising from a dividend declaration.
Related Questions
- 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?
- Is it possible to offset the capital loss on a mutual fund investment after a dividend declaration?
- Does Coldwater Creek pay a dividend or offer a direct investment program?
