2007-01-20 15:59:00 · 4 answers · asked by mblzzy 1 in Business & Finance ➔ Investing
gpel is wrong. The price (net asset value) of mutual funds drops equal to the amount of the dividend and capital gain distrubution + or - the normal daily price fluctuation. Mutual funds do provide you with information more than once a year. There are extensive annual and semi-annual reports, plus updates on the funds web site.
2007-01-21 02:23:12 · answer #1 · answered by gosh137 6 · 0⤊ 1⤋
It may well be dividend and capital gain distributions...if you pull up the mutual fund symbol on Yahoo, and then go to the historical prices tab (third link from the top, left side), they'll tell you what the dividend/distributions are. Share price will adjust down by whatever the dividend/distributions are.
2007-01-21 00:09:11 · answer #2 · answered by Alan 3 · 0⤊ 0⤋
No, dividend distribution has no effect on the price of a mutual fund. December was a choppy month, maybe just profit taking after the big run.
2007-01-21 00:04:22 · answer #3 · answered by gggg 3 · 1⤊ 2⤋
Thats why I dont invest in mutual fund, they provide you with no type of information except for that crappy report they put out once a year. Even then the information they give you does not make any sense.
2007-01-21 00:10:45 · answer #4 · answered by Grandpa Shark 7 · 0⤊ 0⤋