457 plan Blackrock funds, what does Coll F mean?

Have a question about your personal investments? No matter how simple or complex, you can ask it here.

457 plan Blackrock funds, what does Coll F mean?

Postby stonerolled » Tue Dec 18, 2012 9:45 pm

I tried to find the dividends on my Blackrock Russell 1000 index Coll F and could not find it reported.
My vanguard large cap index funds show the dividend transactions quarterly. I phoned Great West and they said that it really wasnt the fund but a collection of funds so the dividends are N/A. The fees are very low in the plan. net expense ratio 0.3%.
Does anyone know what is going on with Coll F designation?
I think Buffett said "If you don't understand it, don't buy it".

BlackRock Russell 1000 Index Coll F,
BlackRock US Treas Infl Pro Secs Coll F,
etc.
stonerolled
 
Posts: 14
Joined: 30 Sep 2012

Re: 457 plan Blackrock funds, what does Coll F mean?

Postby telemark » Tue Dec 18, 2012 9:54 pm

It sounds like a Collective Investment Trust. Blackrock runs a lot of those.

http://www.bogleheads.org/wiki/Collective_Investment_Trusts
User avatar
telemark
 
Posts: 690
Joined: 11 Aug 2012

Re: 457 plan Blackrock funds, what does Coll F mean?

Postby stonerolled » Tue Dec 18, 2012 10:13 pm

Thanks for the reference. It describes the situation pretty well.
The article did not seem to have a negative tone on the subject.
stonerolled
 
Posts: 14
Joined: 30 Sep 2012

Re: 457 plan Blackrock funds, what does Coll F mean?

Postby telemark » Tue Dec 18, 2012 10:17 pm

They don't distribute dividends, just reinvest them automatically, so every December you miss out on the fun of wondering why the share price just dropped :happy
User avatar
telemark
 
Posts: 690
Joined: 11 Aug 2012


Return to Investing - Help with Personal Investments

Who is online

Users browsing this forum: Jerry, TomatoTomahto and 34 guests