AboutDr. Joseph de Beauchamp Expertise Over the decades, I have taught the MBA schools in this subject. I have published on over 2000 public companies. I love to help provide information to the individual and company.
Question I have various mutual funds and stocks. I have never been able to determine how long I have to be in a fund or a particular stock to collect dividends or capital gains. Do I have to be in it the first day of the quarter to the last day of the quarter or is it only partial quarter? I see that my mutual funds pay about twice a year with capital gains.
Also, some mutual funds only reinvest one out of the two times a year it pays instead of both. The second says "NA". Where does that second payment go?
Thank You
Answer Each fund is different and you should check with the fund on the exact date. You could also go to the local library and read through Morningstar book to find out. Some mutual funds change this date every year, so be careful on this point. Best thing to do is to call the mutual fund and ask them the expected date for the x-dividend.
