I noticed today that, within the resolution of how well I can calculate, it appears I was only paid dividends for the portion of June when my High Yield Bond fund was either in my Mutual Fund Account or in my Brokerage account (I transitioned mid-month.) So I was paid only roughly half the dividends that would be correct.
With all the other chatter about dividends today (6/29) I might expect dividends to either be there or not, but I haven't read reports of roughly half the dividends for a month appearing.
At first I thought maybe the pending dividends at the mid-month point of transition, being not carried in the NAV, would have been paid out at the time of the transition (as I believe they would have been if I'd emptied out the account - as a mutual fund account), but I can't find any evidence of that.
Has anyone else noticed what happened with the dividends for a fund where they're not carried in the NAV (basically any bond fund) when they transitioned? Not so much this month but any previous time; I'm mostly interested in knowing whether pending but not-yet-paid dividends were included in the number of shares transferred over from the mutual fund platform.
With all the other chatter about dividends today (6/29) I might expect dividends to either be there or not, but I haven't read reports of roughly half the dividends for a month appearing.
At first I thought maybe the pending dividends at the mid-month point of transition, being not carried in the NAV, would have been paid out at the time of the transition (as I believe they would have been if I'd emptied out the account - as a mutual fund account), but I can't find any evidence of that.
Has anyone else noticed what happened with the dividends for a fund where they're not carried in the NAV (basically any bond fund) when they transitioned? Not so much this month but any previous time; I'm mostly interested in knowing whether pending but not-yet-paid dividends were included in the number of shares transferred over from the mutual fund platform.
Statistics: Posted by tibbitts — Sat Jun 29, 2024 5:06 pm — Replies 4 — Views 275