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Author: AcmeFool Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35530  
Subject: Re: Vanguard Talk on Bond Fund NAVs Date: 6/10/2004 1:54 PM
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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.

ACME
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