Good thread @bee. The Sept 17 episode is quite thought provoking and actionable.

I am aware of Schwab's Fundamental Index Funds. Do they have an equal weighted 500 Index mutual fund?

Fortunately the political threads and extraneous political comments were made by only a handful of members-5 to 7 at the most. Hopefully the 2022 midterms will generate few political comments on this website !

“A WSJ investigation found that Facebook knows its platforms cause users harm. Anyone who thought Facebook just ‘woke up like this’ need only read The Wall Street Journal’s Facebook Files series this week to understand that things aren’t so flattering right now beneath the surface. But even the harsh light of critical media reports hasn’t been enough to scare away investors.
“The Journal’s investigation found that the social-media giant knows its platforms—which are now used by nearly half the world’s population—cause users harm, often in ways only the company fully understands. Some of the evidence was particularly troubling: Facebook’s internal research showed that, among teens who reported suicidal thoughts, 13% of British users and 6% of American users traced the desire to kill themselves to Instagram … Yet investors seemed to largely gloss over the disturbing revelations: As of Thursday’s market close, Facebook’s stock had lost less than 1.5% of its value this week. Say what you want about Facebook’s platforms, but it is hard to quit them.”
- By Nina Riggio / Bloomberg News (reprinted in The WSJ - 9/18/21)
I’ve excerpted roughly the first 2 paragraphs of a substantially longer article. Here’s a LINK. You’ll probably need a subscription to access full article.

Sept 17th episode:

Back in 2002-03, there was a lot of discussion in the media about impending hyper inflation after we entered Iraq and Afghan wars. From that time through 2020, IBonds (or inflation) disappointed. Federal Reserve repeatedly said for the past year that in its estimate the current uptick in inflation is going to be transitory. I do not know the future but neither do I have a reason to think Fed is not being sincere in its estimate of future inflation. See also https://fred.stlouisfed.org/series/T5YIFR for what future inflation the market is currently pricing.
P.S.: I can not read the SA article.

Here is a good article on the same subject. Michael Townsend and Hayden Adams from Charles Schwab added some more insights in addition to the article that I wrote.
https://www.advisorperspectives.com/commentaries/2021/09/17/will-taxes-rise-for-the-wealthy?bt_ee=4x8wjeX+kGOhkoGE1S0sjUba+8wbTsI5JxTDWxF9OJO8qbeaIjBj/XBqmQUPYJA0&bt_ts=1631909058933

Look like it was invested in TRP money market. Considering losing 2% annually to inflation is a small price to pay. When the opportunity presented itself as March 2020 where S&P 500 index went down 30% within 2 weeks, the 10% cash will allow one buy stocks with 30% discount. The Fed came in to rescue the market and it fully recovered by September. By year end, S&P500 gained over 18% for the year. PRWCX managed to gain 18.2% in 2020 while holding 10% cash.

@Sven - this article too from Jim Sloan @SeekingAlpha.
I-Bonds Have it All

To be accurate on the fund's holdings, go direct to the source - TRP annual and semiannual reports. As of 6/30/21, the semi-annual report stated:
bonds, 18% = 10.4% bank loans and 7.8% corporate bonds.
cash, 10%
Options, 1%
Stocks, 72%
Noted that Giroux is taking a bar-bell approach by holding high % of defensive sector such as utility (8.1%) while holding 16% technology.
https://prospectus-express.broadridge.com/summary.asp?doctype=semi&clientid=trowepll&fundid=77954M105
In his previous interviews he mentioned that bank loans (or floating rate bonds) are attractive because of their high yield (3%) and short duration (1-2 years). Even though bank loans are rated junk, they are safer because they are high in capital structure in case of the banks defaulting on the loans. Also he mentioned that utilities are attractive and stable while offer 3-4% yield.

Unfortunately, there are not many good choices for typical investors in the current environment.
I Bonds are relatively attractive but there is an annual $10K purchase cap*.
Real assets such as farmland, timber, real estate, or broad-based commodity baskets can potentially generate positive real returns during certain inflationary episodes.
However, these investments tend to be illiquid and/or volatile.
Although not a direct inflation hedge, stocks often generate positive real returns over longer periods.
*You can purchase an additional $5K in paper I Bonds each year with your IRS tax refund.

Gold's reputation as an inflation hedge is often overstated.
It is not uncommon for gold to generate negative real returns during a decade-long time period.
Link

Is the gold position in PRPFX, gold metals, or miners, are good hedge against inflation?

Good question, Without digging thru the latest report, I’m pretty confident the gold and silver reflected on the chart below are in bullion or certificates of ownership representing each. It’s possible they also hold a few mining stocks, but those would probably be reflected in the “stock“ holdings rather than being listed under gold.

FWIW - PRPFX belongs to a class of funds known as “Risk Parity.” These funds attempt to hedge market risk by diversifying among distinctly different asset classes. Common ones include equities, natural resources, high quality bonds. Sometimes it works. Sometimes it doesn’t.
I’ve come across an ETF recently that has piqued my interest. RPAR takes a somewhat different risk parity approach. I like what I see. And the fee, while high for an ETF, is less than PRPFX’s. Here’s a Link which does a nice job showing how RPAR invests.
Just to respond to @Sven’s inflation comment. I wouldn’t buy gold expecting it to protect against inflation. It’s just too darn volatile to expect that. Possibly it would, but it’s also possible its investors have already discounted years of future inflation in its price. However, a broad basket of commodities, including some gold, may well offer better protection against future inflation than equities alone would. Plus, there may be good reasons to own gold that reach far beyond the inflation issue. But - that’s beyond my pay grade.
@Sven - Everything I read suggests that the miners are a better buy than the bullion at this point. So, if one can stomach the risk and volatility, a slight bet on the miners wouldn’t be a bad idea. I like to invest a set dollar amount and let it ride. Helps keep me disciplined so that I don’t sell too early or, conversely, keep throwing money at them when they’re nose-diving.

TIAA Funds (updated; Retail):
https://www.tiaa.org/public/pdf/2020_estimated_annual_taxable_distribution-retail_share_class.pdf
TIAA Funds (updated;Institutional):
https://www.tiaa.org/public/pdf/Estimated_Annual_Taxable_Distribution-Institutional_Share_Class.pdf
TIAA Funds (updated; class W):
https://www.tiaa.org/public/pdf/2021_estimated-annual-taxable-distributions-w-class.PDF
TIAA Funds (updated; Premier):
https://www.tiaa.org/public/pdf/2021_estimated_annual_taxable_distribution-premier_share_class.PDF
TIAA Funds (updated; Advisor):
https://documents.nuveen.com/documents/Nuveen/Default.aspx?uniqueId=8e0484b8-cb12-4a4d-9d73-86967f57b5f9
TIAA Funds (updated; retirement):
https://www.tiaa.org/public/pdf/2021_estimated_annual_taxable_distribution-retirement_share_class.PDF
Tocqueville Funds:
https://www.tocquevillefunds.com/sites/default/files/Distributions_2021_prelim_111621.pdf
Touchstone Funds (Westernsouthern):
https://www.westernsouthern.com/-/media/files/touchstone/tax-planning/capital-gains.pdf
Transamerica Funds:
https://www.transamerica.com/sites/default/files/files/e070d/2021 Capital Gain Distribution Estimates 09.30.21 Approved.pdf
Tweedy, Browne:
https://www.tweedy.com/resources/library_docs/general/2021 Estimated Distributions 8-31-21.pdf
UBS Funds (new):
https://www.ubs.com/us/en/asset-management/individual-investors-and-financial-advisors/products/mutual-fund/_jcr_content/mainpar/toplevelgrid/col1/accordionbox_1691868404/linklist_279282322/link_168507298.0576113708.file/PS9jb250ZW50L2RhbS9hc3NldHMvYW0vdXMvdXMtZmluYW5jaWFsLWFkdmlzb3IvcHJvZHVjdHMvdWJzLW11dHVhbC1mdW5kcy9jYXAtZ2FpbnMucGRm/cap-gains.pdf
USAA Funds:
https://advisor.vcm.com/assets/resources-mutualfunddoc/USAA Mutual Funds Estimated Capital Gains and Income.pdf
ValueLine Funds:
https://vlfunds.com/gains
Van Eck Funds:
https://www.vaneck.com/us/en/vaneck-funds-2021-estimated-yearend-dividends-distributions.pdf
Vanguard Funds (updated 12/10/21 with ETFs):
https://advisors.vanguard.com//iwe/pdf/taxcenter/FAFYEEST_122021.pdf
Versus Capital Funds:
https://versuscapital.com/wp-content/uploads/2021-Versus-Capital-Estimated-Capital-Gains.pdf
Victory Funds:
https://advisor.vcm.com/assets/resources-mutualfunddoc/Victory Funds Estimated Capital Gains.pdf
Victory Integrity & Munder Funds:
https://advisor.vcm.com/assets/resources-mutualfunddoc/Victory Munder and VPII Mutual Funds Estimated Capital Gains.pdf
Victory RS Funds:
https://advisor.vcm.com/assets/resources-mutualfunddoc/Victory RS and VVI Funds Estimated Capital Gains.pdf
Virtus Funds (incl Westchester Funds-Merger Fund):
https://www.virtus.com/assets/files/2gs/virtus-mutual-funds-year-end-distribution-est-7065.pdf
Voya Funds:
https://individuals.voya.com/document/product/2021-estimated-capital-gains.pdf
Vulcan Value Partners Funds (updated):
https://www.vulcanvaluepartners.com/wp-content/uploads/2021/11/2021-Distributions-Estimates-10.31.21.pdf
Walthausen Funds (check WSCVX-ouch):
http://www.walthausenfunds.com/fund-documents/
Wasatch Global Funds:
https://wasatchglobal.com/wp-content/uploads/2021/11/2021_Yr_End_Dist_Estimates_v1w1.pdf
Weitz Funds:
https://weitzinvestments.com/funds/distributions.fs
Wells Fargo Asset Management:
https://www.wellsfargoassetmanagement.com/assets/public/pdf/product-alerts/20211020-productalert.pdf
Westwood Funds:
https://westwoodgroup.com/wp-content/uploads/2020/12/Capital-Gains-Distribution-Estimate-11.12.21.pdf
William Blair Funds:
I & N classes
https://www.williamblairfunds.com/resources/docs/William Blair Funds - Estimated Distributions 2021 - Class I and N.pdf
R6 class:
https://www.williamblairfunds.com/resources/docs/William Blair Funds - Estimated Distributions 2021 - Class R6.pdf
WisdomTree ETFs:
https://www.wisdomtree.com/-/media/us-media-files/capital-gains-estimates-schedule/2021-us-preliminary-estimated-capital-gains-distributions.pdf

Nationwide Mutual Funds:
https://nationwidefinancial.com/media/pdf/MFN-0435AO.pdf?_ga=2.172759907.1113126338.1636330155-608449583.1632877675
Navigator Funds:
https://navigatorfunds.com/capital-gains-2022/
Needham Funds:
Small Cap:
https://www.needhamfunds.com/mutual-funds/small-cap-growth-fund/
Aggressive Growth:
https://www.needhamfunds.com/mutual-funds/aggressive-growth-fund/
Growth:
https://www.needhamfunds.com/mutual-funds/growth-fund/
Neuberger Berman (NB) Funds (each of the three categories opens in Excel):
NB Alternative
https://www.nb.com/handlers/documents.ashx?id=1441c1e8-736b-4beb-8361-e174c4e0f477&name=2021 Distribution Estimates - Alternative Funds
NB Equity
https://www.nb.com/handlers/documents.ashx?id=230a87ed-1bf5-4e6e-9c65-6c00a2145b3b&name=2021 Distribution Estimates - Equity Funds
NB Income
https://www.nb.com/handlers/documents.ashx?id=ad5438fb-e9f4-4173-a955-df360144954d&name=2021 Distribution Estimates - Income Funds
Nicholas Funds:
https://www.nicholasfunds.com/Distribution-Information/2021_Distribution_Calendar.htm
North Square Investments:
https://northsquareinvest.com/wp-content/uploads/2021/10/2021-North-Square-Funds-Estimated-Capital-Gains-Distributions-26-October-2021.pdf
Northern Trust Funds:
https://cdn.northerntrust.com/pws/nt/documents/funds/resources/estimated-capital-gains-2021.pdf
North Star Funds:
https://nsinvestfunds.com/insights/news/
Nuance Funds:
https://www.nuanceinvestments.com/mutual-fund-news
Nuveen Funds:
https://documents.nuveen.com/Documents/Nuveen/Default.aspx?uniqueId=3c3be13d-d800-48e2-a537-c251162ab9f4
NY Life Funds/Mainstay:
https://www.newyorklifeinvestments.com/assets/documents/tax/cap-gains-estimate.pdf
NY Life/IndexIQ:
https://www.newyorklifeinvestments.com/assets/documents/tax/indexiq-capital-gains-estimates-2021.pdf
Oakmark Funds (final;updated 12/16/21):
https://oakmark.com/news-insights/2021-year-end-fund-distributions/
Oberweis Funds:
https://oberweisfunds.com/wp-content/uploads/2021/11/2021-Capital-Gains.pdf
Optimum Funds:
https://mim.fgsfulfillment.com/download.aspx?sku=CGE-OPT
Osterweis Funds:
https://www.osterweis.com/files/Distribution Estimates.pdf
PartnerSelect Funds:
https://partnerselectfunds.com/distribution-estimates/
Pax World Funds:
https://impaxam.com/customer-service/distributions/
Payden & Rygel Funds:
https://www.payden.com/pdf/Capital Gain Payment_2021.pdf
Pear Tree Funds:
https://www.peartreefunds.com/sites/default/files/2021 Pear Tree Distribution Estimates.pdf
Permanent Portfolio of Funds:
Permanent Portfolio:
https://www.permanentportfoliofunds.com/pdf/PP 2021 Estimated DD FINAL.pdf
Aggressive:
https://www.permanentportfoliofunds.com/pdf/AGP 2021 Estimated DD FINAL.pdf
Versatile Bond:
https://www.permanentportfoliofunds.com/pdf/VBP 2021 Estimated DD FINAL.pdf
Short-Term Treasury:
https://www.permanentportfoliofunds.com/pdf/STTP 2021 Estimated DD FINAL.pdf
Perritt Funds (updated):
https://www.perrittcap.com/2021-distribution-update/
PGIM Funds:
https://www.pgim.com/investments/getpidoc?file=113BA56FF6064EDDBAB0E648AAFEE79F
Phaeacian Partners Funds:
https://www.phaeacianpartners.com/srp/lit/7z16ro/Estimated-Capital-Gains-Distributions_Phaeacian-Partners-Mutual-Funds_30-09-2021.pdf
Pimco EqS Funds:
https://www.pimco.com/handlers/displaydocument.ashx?wd=Portfolio Statistics for Advisors&fn=EqS Funds 2021 Capital Gain Estimates.pdf&id=r3Hfuaim6M8wCPtD9wq02N3T5p0935UHxaVR/uzdloYMAcXkp3T2FOGPjbmPpGbRyJBLEKSsw39erNEUWX39V8THd26kmgeGP20x1w825zDfPyoFvaNe+LjYCN0K5+4hpC06ScGBisssl/PY5WhvGiYcg3nOJLyPPMopp2JOwJ3fcZItFpgvipo7BPycJqAInRs8I1kLKOPCVD7QAgeTVPcc75SSqPOmxM8cH10eP4Ax/llE8bsM2c5aPA0BDoLwFA9ycBvEBhXn3qQ8mpPRIBscRkfHH3p51C5oksbH72yiSf68GeI4nDQbR74XFWde
Pimco Fund:
https://www.pimco.com/handlers/displaydocument.ashx?wd=Portfolio Statistics for Advisors&fn=PIMCO Funds 2021 Capital Gain Estimates.pdf&id=upbTG3hzW4rXDhu2h2LUj6mt3LsFKM3hgE8cZ0V/n9xovrS12GcyXGVM9cRKzY4Anfx0B6R/ed4sE9GPoKFc1dALL6yczjXWAbXkxIQFSz3U9Wc9bMdHu5LxNTKNCus21sNJ/X0PETJcvuGS5pVT1dAuAahEfwHZA5A2mpcnJLbacZlhayFft/dF2k8Mn4kQcrio9Unz/5+jxE+PIZLU+Xi4LChSyze61AQNGKiJD9ku/69a6+9mQJ5kgvWMsm9UQxQxXeDEQ+0TGZ9szpz4jlLLd5QRFFgOfy/eJtxEAtYzC7uHFD5W+di/Xp1ppXLE
Pimco Funds (supplemental):
https://www.pimco.com/handlers/displaydocument.ashx?wd=Portfolio Statistics for Advisors&fn=PIMCO and EqS Fund of Funds 2021 Quarterly and Supplemental Distributions.pdf&id=MMb+PXEskUUspmvaLxPF2xusWqQK7qj0XRl3/SXA4IVHNKgJd5JpdAqqgp24dPd7rM8QqRsce/TPTbQccexKEIIVBb+jXv0CyTJQV7E45t4vRts1qniHD/oAR+61JEkwMPFXIdR0F7fbei0b8Fb+OWR9LfPYlKW0Wff1CGb8Dc41rlpSpmjfSwJ1gAQGnUPnkOKGqL35iQaMVHvLhYXxXC1K8y4CZIMqIzXmX4VVNIeuQ5ulcHy8LuQKKca44hFtZsn5S4hBxrgoiPLAFZxKZsJW9IwfU6KB0xeqIB1LCz2lzfFbbXesm3Hm50Cqkwh/
Pinnacle Value Fund:
http://www.pinnaclevaluefund.com/historicalresults.aspx
Pioneer Funds:
https://www.amundi.com/usinvestors/ezjscore/call/ezjscamundibuzz::sfForwardFront::paramsList=service=ProxyGedApi&routeId=_dl_ee4aefc1-c3e5-44ce-8de5-2540ce60c0bc_download
Polen Growth Funds:
https://www.polencapital.com/wp-content/uploads/Polen-Year-End-Capital-Gain-Distribution-Estimates.pdf
Praxis Funds:
https://doclib.everence.com/WorkArea/DownloadAsset.aspx?id=29106
Primecap Odyssey Funds:
https://www.primecap.com/wp-content/uploads/2021/12/Odyssey-Funds-2021-Final-Distribution-Amounts.pdf
Principal Funds:
https://secure02.principal.com/publicvsupply/GetFile?fm=MM3682&ty=VOP&EXT=.VOP
Provident Trust Strategy Fund (new):
https://www.provfunds.com/docs/12.17.21 Distribution Summary.pdf
PT Asset Management/PTAM Funds:
http://ptam.com/documents/capital_gain_distribution_estimates_2021.pdf
Putnam Funds:
https://www.putnam.com/literature/pdf/TX001-66257d95c9747a9645cbe1986675c54f.pdf
Pzena Funds:
https://www.pzena.com/wp-content/uploads/2021/10/MF-Estimated-Capital-Gains-2021.pdf
Rice James Funds:
https://rhjfunds.com/wp-content/uploads/2021/10/RHJ-Capital-Gain-Estimate-2021.pdf
RiverNorth Funds:
https://www.rivernorth.com/rncix-rncox
https://www.rivernorth.com/rnhix-rnotx
https://www.rivernorth.com/rnsix-rndlx
Riverpark Funds:
http://www.riverparkfunds.com/assets/pdfs/news/Estimated_Distribution_Information_2021.pdf
RMB Funds:
https://dev.rmbfunds.com/sites/default/files/2021-11/DIV GAINS ESTIMATES 11 4 2021 REVISED_1.pdf
Rondure Global Funds:
https://www.rondureglobal.com/distributions
Royce Funds:
https://www.royceinvest.com/news/Distributions/open-end-funds-year-end-distributions-estimates
Russell Investments:
https://russellinvestments.com/Publications/US/Document/Estimated_Cap_Gain_RIC_Funds.pdf
Saturna Capital Funds:
https://www.saturna.com/mutual-funds/distributions
Schwab ETFs:
https://www.schwabassetmanagement.com/resource/schwab-etfs-estimated-capital-gains-distributions-2021
Schwab Funds:
https://www.schwabassetmanagement.com/resource/schwab-funds-estimated-annual-distributions-2021
Segall Bryant & Hamill Funds:
https://www.sbhfunds.com/wp-content/uploads/2021/07/Distribution-Information-2021_10YE-Estimates.pdf
Selected Funds:
https://selectedfunds.com/document/read/2021_estimated_year_end_capital_gains_distributions
Sequoia Fund (final):
https://www.sequoiafund.com/Communications
Sierra Mutual Funds:
https://sierramutualfunds.com/media/127932/21-estimated-cap-gains.pdf
Sit Funds:
https://www.sitfunds.com/2021-tax-information/
Smead Value Fund:
https://smeadcap.com/wp-content/uploads/2021/11/2021-Dividend-Distribution-Estimates.pdf
Sound Shore Fund:
https://soundshorefund.com/portfolio/#distributions
Southeastern Asset/Longleaf Funds:
https://southeasternasset.com/report/2021-capital-gains-estimates/
Sprott Gold Equity Fund:
https://sprott.com/media/3455/sgef-distribution-per-share-estimate.pdf
Sterling Capital Funds:
https://6b517bbbe092ed90657e-e87f61d6c272d3a7e8ddccf5e9815e01.ssl.cf2.rackcdn.com/SC-Funds-Est-Capital-Gains-2021.pdf
Steward Funds:
https://www.crossmarkglobal.com/wp-content/uploads/Steward-2021-Estimated-Year-End-Distributions-093021-FINAL.pdf
TCM Small Cap Growth Fund:
https://ea83200a-ea1c-4496-9ce5-d9a0d3c7578e.filesusr.com/ugd/caaf6a_c3ec1ab3559a482fad7acd79e5becc24.doc?dn=TCMSX - 2021 Estimated Distribution Information.doc
TCW Funds:
https://www.tcw.com/-/media/Downloads/com/Products/US-Funds/TCW-Funds/Distribution-and-Tax-Information/TCW-FUND-Distributions-estimates.pdf
T Rowe Price Funds (updated):
https://www.troweprice.com/personal-investing/resources/planning/tax/dividend-distributions/mutual-funds/2021-year-end-distributions.html
Preliminary amounts:
https://www.troweprice.com/personal-investing/resources/planning/tax/dividend-distributions/mutual-funds/preliminary-year-end-distributions.html
Third Avenue Funds:
https://thirdave.com/2021-income-capital-gain-distributions-est/
Thompson IM Funds:
https://thompsonim.com/pdf/2021EstDistributions.pdf
Thornburg Funds:
https://www.thornburg.com/products-performance/mutual-funds/capital-gains/
Thrivent Funds:
https://www.thriventfunds.com/support/tax-resource-center/capital-gains.html

Harding Loevner Funds:
https://media.hardingloevner.com/fileadmin/pdf/HLF/HLF-Distribution-Estimates-Aug21.pdf
Hartford Funds:
https://www.hartfordfunds.com/dam/en/docs/pub/funddocuments/regulatorydocument/Tax Center/capgainsdistributions/2021 Hartford Funds October Capital Gains Estimate.pdf
Hartford ETFs:
https://www.hartfordfunds.com/dam/en/docs/pub/funddocuments/regulatorydocument/Tax Center/capgainsdistributions/2021 Hartford ETFs Capital Gain Estimates.pdf
Heartland Funds:
https://www.heartlandadvisors.com/Products/Mutual-Funds/Tax-Information
Hennessy Funds (updated; HFCSX-ouch):
https://www.hennessyfunds.com/funds/distributions
Hodges Funds:
https://hodgesfunds.com/articles/2021-estimated-capital-gains
Homestead Funds:
https://www.homesteadfunds.com/wp-content/uploads/1221-Estimated-Year-End-Distributions.pdf
Hood River Small Cap Growth Fund:
https://hoodrivercapital.com/wp-content/uploads/2021/11/2021-Distribution-Estimates.pdf
Integrity Viking Funds:
https://www.integrityvikingfunds.com/Content/Documents/year-end-distribution-information
I Shares:
https://www.ishares.com/us/capital-gains-distributions
Invenomic Fund:
https://7241c902-e3d3-4d84-a977-d9db98e94ce3.filesusr.com/ugd/8592d8_2e4ad6c7645145b88d5867e67bff5ecb.pdf
Invesco Funds:
https://www.invesco.com/us-rest/contentdetail?contentId=d575f061-c209-45fe-a6f5-cf8d9735aae5
Ivy Funds:
https://mim.fgsfulfillment.com/download.aspx?sku=CGE-IVY
James Advantage Funds:
https://www.jamesinvestment.com/fund-template.php?ticker=JMCRX
https://www.jamesinvestment.com/fund-template.php?ticker=JASCX
https://www.jamesinvestment.com/fund-template.php?ticker=GLRBX
https://www.jamesinvestment.com/fund-template.php?ticker=JAVAX
Janus Henderson Funds (check the Enterprise Fund):
https://2deaa804a6dc693855a0-eba658c6bc03668a61900f643427d64d.ssl.cf1.rackcdn.com/Documents/product/distribution-tax/2021 Janus Henderson Estimated Per Share Distribution Amounts - Revised.pdf
Jensen Investment Management:
(Value)
https://www.jenseninvestment.com/wp-content/uploads/2021/05/2021.09.30-jensen-quality-value-fund-capital-gains-distributions.pdf
(Growth)
https://www.jenseninvestment.com/wp-content/uploads/2021/05/2021.09.30-jensen-quality-growth-fund-capital-gains-distributions.pdf
John Hancock Funds:
https://www.jhinvestments.com/content/dam/JHINV/public/Corporate/News/CorporatePressReleases/2021-estimated-capital-gain-and-income-distribution-press-release-jhi.pdf
JOHCM Funds:
https://johcm.com/us/how-to-invest/231/distributions
JP Morgan Funds:
https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/news-and-fund-announcements/mutual-funds-capital-gains-estimates.pdf
Kinetics Funds:
http://kineticsfunds.com/wp-content/uploads/2021/10/KMF-2021-Estimated-distributions.pdf
Kopernik Funds:
https://www.kopernikglobal.com/sites/default/files/KGI CG MEMO - October 2021 Estimate.pdf
Laudus Funds:
https://www.schwabassetmanagement.com/resource/laudus-funds-estimated-annual-distributions-2021
Lazard Funds:
https://www.lazardassetmanagement.com/docs/-m0-/77272/LazardFundsYear-EndDistributionEstimates.pdf
Leuthold Group:
https://funds.leutholdgroup.com/latest-news/539/download
LKCM Funds:
https://lkcmfunds.com/wp-content/uploads/2021/11/2021-Year-End-Mutual-Fund-Distribution-Estimates-11-01-21.pdf
LoCorr Funds:
https://www.locorrfunds.com/documents/Prospectus-Annual Reports/Annual_CapitalGains-Dividends.pdf
Loomis Sayles Funds:
https://www.loomissayles.com/internet/internet.nsf/content?readform&ctype=capitalgains&channel=mf
Lord Abbett Funds:
https://www.lordabbett.com/en/strategies/tax-center/capital-gain-distributions.html#la_Estimated_Capital_Gains
Madison Funds:
https://madisonfunds.com/individual/tax-info
Mairs and Power Funds:
https://www.mairsandpower.com/about-us/company-news/item/121-estimated-2021-capital-gains-and-dividends
Marsico Funds:
https://www.marsicofunds.com/investor-resources/content/distributions.fs
Matthews Asia Funds:
https://www.matthewsasia.com/resources/distributions-tax/distribution-dates/
Meeder Funds:
https://www.meederinvestment.com/-/media/Files/Distribution-PDFs/Meeder-Funds-2021-Capital-Gains-Distributions-Estimates.ashx
Meridian Funds:
http://meridianfund.com/files/6516/3534/5394/2021_Estimated_Distributions_-_Meridian_Funds_093021.pdf
MetWest Funds:
https://www.tcw.com/-/media/Downloads/com/Products/US-Funds/MetWest-Funds/Distribution-and-Tax-Information/MWFUNDsb-estimates.pdf
MFS Funds:
https://www.mfs.com/content/dam/mfs-enterprise/mfscom/backlot/mfs_cg_fly.pdf
Miller Family of Funds:
https://www.millerfamilyoffunds.com/wp-content/uploads/2021/10/Miller-Funds-Distribution-2021-Capital-Gains.pdf
Miller Value Funds:
https://millervaluefunds.com/wp-content/uploads/pdf/miller-value-funds-cap-gains.pdf?cache=1637093949378
Mirae Asset Funds:
https://investments.miraeasset.us/application/files/1016/3544/8996/2021_Estimated_Capital_Gains_Distributions.pdf
Monetta Funds:
https://monetta.com/dividend-distributions/

Davis ETFs:
https://www.davisetfs.com/gains_estimated
Davis Funds:
https://davisfunds.com/document/read/2021_estimated_year_end_capital_gains_distributions
Delaware Funds:
https://mim.fgsfulfillment.com/download.aspx?sku=CGE-RET
DF Dent Funds:
https://dfdent.com/wp-content/uploads/2021/12/Capital-Gains-Distribution-2021.pdf
Diamond-Hill Funds:
https://www.diamond-hill.com/sitefiles/live/documents/funds/documents/Distributions/DHF year-to-date capital gains as of 9-30-21.pdf
Dimensional Funds:
https://us.dimensional.com/dfsmedia/f27f1cc5b9674653938eb84ff8006d8c/75512-source/options/download/
Doubleline Funds (final):
https://doublelinefunds.com/wp-content/uploads/2021-DL-Funds-Final-Capital-Gains-12-7-2021.pdf
Driehaus Funds:
https://www.driehaus.com/system/uploads/fae/file/asset/419/DMF_Year_end_Distribution_Estimates_2021.pdf
DWS Funds:
https://www.dws.com/globalassets/cio/dam-us/pdfs/resources/tax-center/forms/2021-estimated-capital-gains.pdf?v=1222751401
Eaton Vance Funds (same as Calvert):
https://funds.eatonvance.com/media/public/4878.pdf
Edgewood Growth Fund:
http://edgewood.com/documents/Edgewood Growth Fund Estimated Capital Gain Letter 2021.pdf
Emerald Funds:
https://www.emeraldmutualfunds.com/documents/emeraldmutualfunds-dd-20211105.pdf
Eventide Funds:
https://www.eventidefunds.com/wp-content/uploads/Eventide-Preliminary-Year-End-2021-Distribution-Requirements-09-30-2021.pdf
Fairholme Funds:
http://fairholmefundsinc.com/Bulletin/FAIRXFOCIXFAAFXEstimateQ42021.pdf
FAM Funds:
https://fenimoreasset.com/resources/fam-funds-tax-center/
Federated Hermes Funds:
https://services.federatedinvestors.com/teamsite-file-server/content/Preliminary+Capital+Gains?token=ZGFmXHBkZlxyZXNvdXJjZXNcdGF4Y2VudGVyXDUwMTM1LnBkZg==|1|MCwCFEiSXs2InWoNz3zdrmKk5ToXhuO/AhRo6jqHiWsH5+jVIF2TtxmJ82LjKw==&location=aHR0cHM6Ly9zZXJ2aWNlcy5mZWRlcmF0ZWRpbnZlc3RvcnMuY29tL3RlYW1zaXRlLWZpbGUtc2VydmVyL2NvbnRlbnQvUHJlbGltaW5hcnkrQ2FwaXRhbCtHYWlucz90b2tlbj1aR0ZtWEhCa1pseHlaWE52ZFhKalpYTmNkR0Y0WTJWdWRHVnlYRFV3TVRNMUxuQmtaZyUzRCUzRCU3QzElN0NNQ3dDRkVpU1hzMkluV29OejN6ZHJtS2s1VG9YaHVPJTJGQWhSbzZqcUhpV3NINSUyQmpWSUYyVHR4bUo4MkxqS3clM0QlM0Q=|MC0CFQCCjnzu18u+1gQNthK1U6GDJRWf8AIURxNllzwWw0Q3z7xOjutXrtaHtuU=
Fidelity Funds:
https://www.fidelity.com/mutual-funds/information/distributions#/?table=estimated
Fidelity Advisor Funds:
https://institutional.fidelity.com/app/tabbed/products/FIIS_SP52_DPL2_DSC1.html?navId=320
FMI Funds:
https://www.fmimgt.com/fmi/funds/other/2021_Y-E_Distributions - Final.pdf
FPA Funds:
https://fpa.com/docs/default-source/tax-dividend-info/all-fund-year-end-2021-distributions-estimates.pdf?sfvrsn=e2d9919d_3
Franklin-Templeton Funds:
https://franklintempletonprod.widen.net/s/x5jwgrbbvm/2021-capital-gains-indications
Frost Funds:
https://www.frostinv.com/dam/jcr:b968192a-873d-4e4a-ba61-2d255bd1fecd/Cap Gain Estimates as of 10.27.2021.pdf
FS Investments:
https://fsinvestments.com/capital-gains-distributions/
GAMCO/Westood/Teton Funds:
https://www.gabelli.com/funds/div_estimates
Glenmede Funds:
https://www.glenmedeim.com/wp-content/uploads/2021/02/glenmede-funds-capital-gains.pdf
GMO Funds:
https://www.gmo.com/globalassets/documents---manually-loaded/documents/distribution-estimates-and-dates/disribution-estimates-mutual-funds.pdf
Goldman Sachs ETFs:
https://www.gsam.com/content/dam/gsam/pdfs/us/en/tax-information/2021/ETF Cap End_Distribution 2021.pdf?sa=n&rd=n
Goldman Sachs Funds:
https://www.gsam.com/content/dam/gsam/pdfs/us/en/tax-information/2021/EI-51 Cap End_Distribution-2021.pdf?sa=n&rd=n
GQG Partners LLC:
https://gqgpartners.com/sites/default/files/2021estimatedcapitalgains_gqdi_9.30.2021.pdf
Grandeur Peak Global Funds:
https://www.grandeurpeakglobal.com/distributions
Greenspring Fund:
https://www.greenspringfund.com/distributions-3-2/
Guidestone Funds:
https://www.guidestonefunds.com/Tax Information/Capital-Gains

'Tis that time of year again! Some preliminary estimates are now available. As in years past, please alphabetize your funds. To make it easier for readers post (new) next to your additions to differentiate it from your older existing posts. Be sure to check the entire post for various posts with possible links. Thanks to everyone who contributes and posts their information.
1290 Funds:
http://www.1290funds.com/resources/#taxInformation
1919 Funds:
https://1919funds.com/pdfs/all/1919-Capital-Gains.pdf
AB Funds:
https://www.alliancebernstein.com/sites/investments/us/resources/pdf/FINAL_GEN-5796.pdf
Aberdeen Funds:
https://www.abrdn.com/docs?editionId=d0fbe25e-6e24-4c0d-933e-836e8341e133
Aegis Value Fund:
https://www.aegisfunds.com/assets/pdfs/Aegis_Value_Fund-2021_Distributions.pdf
Akre Focus Fund:
https://www.akrefund.com/historical-distributions/
Alger Funds:
https://www.alger.com/Pages/Page.aspx?pageLabel=DividendsDistributions
AlphaCentric Funds:
https://alphacentricfunds.com/wp-content/uploads/2021/12/AlphaCentric-Distributions-2021-11-23-EST.pdf
Alps Funds:
https://www.alpsfunds.com/api/resources/6f4c6c6e8800441d87d81058b354252d.pdf
American Beacon Funds:
https://www.americanbeaconfunds.com/downloads/resourcecenter/TaxAndDividend/2021EstimatedYeaEndDividends.pdf
American Century Funds:
https://www.americancentury.com/content/direct/en/insights/guidance-planning/tax-center/preparing-your-taxes/estimated-distributions.html
American Funds:
https://www.capitalgroup.com/individual/service-and-support/tax-center/2021-year-end-distributions.html
AMG Funds:
https://www.amgfunds.com/content/dam/amgfunds/documents/other/amgf-capital-gains.pdf
Angel Oak Funds:
https://angeloakcapital.com/2021-estimated-capital-gains/
AQR Funds:
https://funds.aqr.com/-/media/Files/Fund-Documents/AQR-Funds-Announces-Estimated-Income-and-Capital-Gain-Distributions-for-2021.pdf?la=en&hash=A94779E3ADD5198C1535315D18D47A67
Arbitrage Funds:
https://arbitragefunds.com/news
Ariel Funds:
https://www.arielinvestments.com/distributions/
Aristotle Funds:
https://aristotlefunds.com/wp-content/uploads/2021/10/Aristotle-Funds-2021-Distribution-Estimates-as-of-2021-10-19-ACM-2110-302.pdf
Ark ETF:
https://etfs.ark-funds.com/hubfs/1_Download_Files_ETF_Website/Distribution Files/ARKETFs_12021_Handout_Capital_Gains_Distribution_2021.pdf
Artisan Partners Funds (final):
https://www.artisanpartners.com/individual-investors/resources/tax-center/distributions.html
Auxier Focus Fund:
https://auxierasset.com/files/uploads//2021-Distribution-Estimates-.pdf
Ave Maria Funds:
https://avemariafunds.com/fund-family/dist-2021.html
AXS Funds/Cognois subadviser:
https://www.axsinvestments.com/download/551/axs-market-neutral-fund/5014/distributions-10.pdf
Baillie Gifford Funds:
https://www.bailliegifford.com/literature-library/funds/mutual-funds/estimated-capital-gain-distribution-new/
Baird Funds:
https://www.bairdassetmanagement.com/siteassets/pdfs/distributions/2021-estimated-capital-gains.pdf
Baron Funds:
https://www.baronfunds.com/tax-center
Blackrock Funds:
https://www.blackrock.com/us/individual/literature/distribution-information/blackrock-funds-distribution-estimates-2021.pdf
BNY Mellon Funds:
https://im.bnymellon.com/us/en/documents/manual/tax-forms/2021-early-estimated-capital-gains-august-2021.pdf
Boston Partners Funds:
https://www.boston-partners.com/uploads/2021/11/ac8b379f23048488ba935744ac3d8477/bp-funds-2021-estimated-cap-gain-dist.pdf
Brandes Funds:
https://www.brandes.com/docs/default-source/mutual-fund/handouts/Brandes-Capital-Gains-Estimates
Bretton Fund:
https://brettonfund.com/2021-distribution-information/
Bridge Builder Funds:
http://www.bridgebuildermutualfunds.com/wp-content/uploads/pdfs/current/Bridge_Builder_2021_Capital_Gains.pdf
Bridgeway Funds (BRUSX - ouch):
https://bridgewayfunds.com/mutual-funds/distributions/
Brown Brothers Harriman Funds:
https://www.bbhfunds.com/content/dam/bbh/external/bbhfunds/resources/pdfs/2021-distributions/2021-BBH-Trust-Distribution-Estimates.pdf
Brown Capital Management Funds (click on distribution link under "key documents" ):
https://www.browncapital.com/investmentstrategies/smallcompanyfundinv/
Bruce Fund (called rep on 12/17 and received the following info which is tentative):
ordinary income -$9.7481
ST CG -$1.9481
LT CG - $50.2761
Buffalo Funds:
https://buffalofunds.com/wp-content/uploads/2021-Capital-Gains-Distribution-Estimates.pdf
Calamos Funds:
https://www.calamos.com/globalassets/media/documents/tax-center/2021-calamos-estimated-capital-gains.pdf
Calvert Funds (same as Eaton Vance):
https://funds.eatonvance.com/media/public/4878.pdf
Cambiar Funds:
https://cambiar.com/capital-gains-2021-estimates/
Carillon Funds:
https://www.carillontower.com/our-funds/fund-dividend-and-tax-information
Castle Investments:
Castle Tandem Fund
https://www.castleim.com/wp-content/uploads/2021/11/Castle-Tandem-Cap-Gain-Estimate-11-1-2021-.pdf
Castle Focus Fund
https://www.castleim.com/wp-content/uploads/2021/11/A-Castle-Focus-Cap-Gain-Estimate-Nov-1-2021-Update.pdf
Catalyst Funds:
https://catalystmf.com/wp-content/uploads/sites/3/2021/11/catalyst-distributions-2021-10-31-est.pdf
Causeway Funds:
https://www.causewaycap.com/wp-content/uploads/Causway-Funds-2021-Estimates.jpg
Cavanal Hill Funds:
https://cavanalhillfunds.com/uploads/documents/2021_Estimated_CapitalGains_CavHil.pdf
Centerstone Investors:
https://centerstoneinv.com/wp-content/uploads/2021/10/Website-Summary-Dividend-Distribution-August-2021.pdf
Champlain Funds:
https://cipvt.com/wp-content/uploads/2021/10/Champlain-Estimated-Yr-End-Distributions-2021-vr-101521.pdf
City National Rochdale Funds:
https://www.citynationalrochdalefunds.com/assets/PDFs/Distributions/CNR_Cap_Gains_Distribution_Memo_2021.pdf
Clarkston Funds:
http://www.clarkstonfunds.com/documents/clarkstonfunds-dd-20211110.pdf
Clipper Fund:
https://clipperfund.com/document/read/2021_estimated_year_end_capital_gains_distributions
Cohen & Steers:
https://assets.cohenandsteers.com/assets/content/tax_documents/OEF_2021_Distributions_Estimate_September_30_2021.pdf
Coho Funds:
https://www.cohofunds.com/relative-value-equity-fund/tax-information/
Columbia Funds:
https://www.columbiathreadneedleus.com/binaries/content/assets/cti/public/2021_cap_gain_yearend_estimates.pdf
Commerce Funds:
https://www.commercefunds.com/fund-information/distributions
Conestoga Funds:
https://www.conestogafunds.com/conestoga-small-cap-fund
https://www.conestogafunds.com/conestoga-mid-cap-fund-with-perf
https://www.conestogafunds.com/conestoga-smid-cap-fund
Congress Asset Management Funds:
http://www.congressasset.com/assets/mutual-fund-capital-gains-2021.pdf
Copeland Funds (new):
https://www.copelandfunds.com/system/files/fields/field-file/2021-12/2021-cap-gains-distribution-flyer-final.pdf
Credit Suisse Funds (new):
https://www.credit-suisse.com/media/assets/asset-management/docs/us/tax-information/2021/2021-credit-suisse-preliminary-distribution-notification.pdf
CRM Funds:
https://www.crmfunds.com/funds-overview/shareholder-resources/distributions/

Mark Twain references that fact in the ending of one of his short stories.
Nasty day Thursday if exposed to gold, silver or the miners. Gold fell about $40 from near $1800 to below $1760. Silver is reported to have lost twice as much on a same day percentage basis. Miners overall were off 4-5% for the day. And the dollar strengthened, pushing the Swiss Franc to its lowest value in relation to the dollar of 2021. BTW - PRPFX, which actually hedges pretty well against gold volatility, managed to drop about 1% Thursday. Ouch. The only bright spot is that gold has tested the $1680-$1700 level a couple times already this year and bounced back fairly quickly both times. So, just perhaps, the $1700 area represents some kind of floor.
“Moralizing, I observed, then, that ‘all that glitters is not gold.’
Mr. Ballou said I could go further than that, and lay it up among my treasures of knowledge, that nothing that glitters is gold. So I learned then, once for all, that gold in its native state is but dull, unornamental stuff, and that only lowborn metals excite the admiration of the ignorant with an ostentatious glitter. However, like the rest of the world, I still go on underrating men of gold and glorifying men of mica. Commonplace human nature cannot rise above that.”
From “Roughing It” - by Mark Twain

Cannabis Growth Fund
https://www.sec.gov/Archives/edgar/data/1587982/000139834421018858/fp0068849_497.htm
497 1 fp0068849_497.htm
Cannabis Growth Fund
Class I Shares
(Ticker Symbol: CANIX)
A series of Investment Managers Series Trust II (the “Trust”)
Supplement dated September 16, 2021, to the
Prospectus and Statement of Additional Information (“SAI”),
each dated June 1, 2021, as supplemented.
After the close of business on September 24, 2021, the Cannabis Growth Fund (the “Fund”) will reorganize into an exchange-traded fund, the Cannabis Growth ETF (the “ETF”) (the “Reorganization”). In preparation for the closing of the Reorganization, the last day to purchase shares of the Fund will be September 20, 2021. If you would like to redeem your Fund shares prior to the closing of the Reorganization, redemption orders must be placed by the close of business on September 23, 2021. Direct shareholders can redeem their Fund shares by calling 1-888-885-0588. If you hold your Fund shares with a broker, please contact your broker to redeem your Fund shares. Any shares not redeemed prior to the closing of the Reorganization will be exchanged for shares of the ETF. After the closing of the Reorganization, shares of the ETF will be bought and sold in the secondary market at market price.
An Information Statement/Prospectus that contains important information about the Reorganization and the ETF, including information about the ETF’s investment strategies, risks, fees and expenses, was mailed on or about August 9, 2021 to shareholders of record of the Fund as of July 7, 2021. The Fund’s Prospectus, Statement of Additional Information, annual and semi-annual reports and the Information Statement/Prospectus are available upon request and without charge by writing to the Fund c/o UMB Fund Services, Inc., 235 West Galena Street, Milwaukee, Wisconsin 53212, by calling toll-free at 1-888-885-0588, or by visiting the Fund’s website at www.cannabisgrowthfunds.com.
Please file this Supplement with your records.

A couple of reference links:
I believe this is the Melanie Waddell writing that syzygy quoted.
Ed Slott Weighs In on House Democrats' Proposed Mega-IRA Crackdown (from ThinkAdvisor)
The 881 page markup to the Build Back Better Act that contains the proposed backdoor Roth IRA changes:
https://waysandmeans.house.gov/sites/democrats.waysandmeans.house.gov/files/documents/NEAL_032_xml.pdf
Thanks to davfor for the Wyden proposal link; it contains a link to the actual text:
https://www.finance.senate.gov/imo/media/doc/Pass-through Changes Discussion Draft Legislative Text.pdf
The part of the text that pertains to ETFs, in its entirety is:

SEC. __17. RECOGNITION OF GAIN ON CERTAIN DISTRIBUTIONS BY REGULATED INVESTMENT COMPANIES.
(a) IN GENERAL.—Section 852(b) is amended by striking paragraph (6).
(b) EFFECTIVE DATE.—The amendments made by this section shall apply to taxable years beginning after December 31, 2022.

Simplicity itself. Section 852(b)(6) gives RICs (including ETFs) special tax treatment. So striking this section takes away that special treatment. ETFs would no longer be able to divest themselves of gain without owing taxes on the gain.