Checking Vanguard Wellesley Income Fund (VWINX) performance YTD is up 5.1% YTD thru June 21. So I'm curious (re this fund and others) do the YTD, or 3-year, 5-year, etc. percentage gain performance percentages include dividends reinvested? Since dividends could make a big difference in a fund's performance, and if dividend gains are not included in the performance percentage, how does one factor that in? If dividends are included, my question is moot.
American’s Capital Income Builder (CAIBX) began the year at $49.91 per share. On March 16 it paid a dividend of $0.46 per share. On May 31, the last date for which Morningstar reports, it closed at $52.96 per share.
So the total gain (52.96 minus 49.91, plus 0.46) is $3.51. And 3.51 divided by 49.91 gives a percentage gain as of May 31 of 7.03%. Morningstar reports a gain of 7.09% for May 31. Not quite sure where the extra bit comes from, but I’ll take it.
The end value is thus 1.009269sh * $52.96 = $53.45 (the fractional share also went up in value)
The gain is thus $3.54
$3.54/$49.91 = 7.09%