Dave Nadig
@DaveNadig
Human. Flawed. Curious. Optimistic. Spiritual. Practical. Episcopalian. Buddhist. Indie Music Fan. Woodslover. Mystic. Contemplative. Comic & Game Nerd. F/MU/T.
Joined September 2008
715 Following 23.3K Followers
These are some staggering (near 20%) distributions. I hope the mutual fund investors went in eyes wide open.
Back of the envelope (ie multiplying each prelim dist as % of NAV by each fund's recent net assets; summing those products; dividing by agg net assets), it works out to ~5.5% of these funds' combined net assets. These funds had seen est $79.4B in agg outflows YTD through Oct 31.
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