FYI: December's almost here, which means many fund investors are about to get a taxable lump in their accounts.
The end of the year is distribution season for mutual funds and exchange-traded funds. That's when funds send payments to their investors called capital-gains distributions, and shareholders receive them even if they don't sell any shares. These distributions can be as big as 20 percent of a fund's price, and investors holding funds outside a 401(k), Individual Retirement Account or another tax-advantaged account can be liable to pay capital-gains taxes on them.
Regards,
Ted
http://bigstory.ap.org/article/cf785383e04e4854919a866f43f9094e/decembers-arrival-means-tax-season-many-fund-investors
