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Subject:  mutual fund cap gains/dividends Date:  11/8/1999  5:31 PM
Author:  UMsprite Number:  20701 of 127513

I apologize if this has been discussed before. I bought mutual funds earlier this year before I discovered the Fool and have now cashed out of those and moved my money into stocks. My question: will I still owe money on capital gains and dividends that the fund distributed AFTER I sold the funds? For example, I sold in May before any distributions, but since I held the fund for 5 months, will I be given the full 12 months' worth of capital gains generated by the fund (on top of my per share profit?) Or will I only receive a 5 month percentage of gains? None at all? Please help!
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