No. of Recommendations: 0
How do you tell Vanguard, for example, that you just want to take dividends from a bond fund? I thought you would have to sell shares of the bond fund at NAV to get a distribution.

Most (all?) bond funds distribute their dividends on a regular schedule -- monthly, quarterly, etc. You have the option of taking the distribution in cash or reinvesting in additional shares.

In the article, they are talking about these distributions, not a sale of existing shares.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.