GordonAll mutual funds, whether open end, closed end or exchange traded, must distribute 98% of all realized income by the end of the year. The fund takes its fees from this income and then distributes what's left to shareholders.SPY, like all funds, collects distributions at various times during the year from the companies it holds, but generally distributes these quarterly in March, June, Sept and Dec.BruceM
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra