The meaning and definition of Capital Gains Distri
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Posted On: 03/16/2013 12:07:34 AM
The meaning and definition of Capital Gains Distribution -
Payments to mutual fund shareholders of net gains realized on the sale of securities owned by the fund. The distribution reduces the net asset value (NAV) on the day it is made. Capital gains generally are taxable to the investor unless the shares are held in a 401(k) plan or IRA.
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