[Why did my fund suddenly drop in value?]
Re: [Why did my fund suddenly drop in value?]
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman
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Re: [Why did my fund suddenly drop in value?]
I remember my first year of investing and the cap gains dist day in Dec. OMG...what has happened to my funds? Then it magically reappeared. I really hate cap gains dist time. Happened again a week ago, OMG [OT coronavirus comment removed by moderator oldcomputerguy] Then I remembered the time of year.
Re: [Why did my fund suddenly drop in value?]
etrade had no idea when i asked them why my mutual fund dropped 4.5 %. on chat and also messaging. nobody knows nuttin
Don’t let anyone else ruin your portfolio. It’s your portfolio. Ruin it yourself!!!
Re: [Why did my fund suddenly drop in value?]
Well, it's that time again:
Vanguard 2021 Schedule of dividend distributions
Vanguard 2021 Dividend schedule (PDF)
Vanguard 2021 Schedule of dividend distributions
Vanguard 2021 Dividend schedule (PDF)
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman
- Brianmcg321
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Re: [Why did my fund suddenly drop in value?]
Yep. Time for everyone to completely ignore this thread and post "Why did xxxx fund drop in value? I thought the market was up today?"oldzey wrote: ↑Fri Mar 19, 2021 9:53 pm Well, it's that time again:
Vanguard 2021 Schedule of dividend distributions
Vanguard 2021 Dividend schedule (PDF)
Rules to investing: |
1. Don't lose money. |
2. Don't forget rule number 1.
Re: [Why did my fund suddenly drop in value?]
Thanks for posting the link. They don't make the info on dates easy to find for reasons I don't understand.oldzey wrote: ↑Fri Mar 19, 2021 9:53 pm Well, it's that time again:
Vanguard 2021 Schedule of dividend distributions
Vanguard 2021 Dividend schedule (PDF)
Re: [Why did my fund suddenly drop in value?]
I wonder why they don't have december dates showing in that list...oldzey wrote: ↑Fri Mar 19, 2021 9:53 pm Well, it's that time again:
Vanguard 2021 Schedule of dividend distributions
Vanguard 2021 Dividend schedule (PDF)
Re: [Why did my fund suddenly drop in value?]
From memory, I've only ever seen one quarter at a time in the past. So I am happy to have dates for the first three quarters of the year.rch wrote: ↑Mon Mar 29, 2021 12:57 pmI wonder why they don't have december dates showing in that list...oldzey wrote: ↑Fri Mar 19, 2021 9:53 pm Well, it's that time again:
Vanguard 2021 Schedule of dividend distributions
Vanguard 2021 Dividend schedule (PDF)
Re: My Fund is Down?! IT'S DISTRIBUTION TIME!!!
Would be a good poll. I hope most people here are (e).livesoft wrote: ↑Fri Dec 30, 2011 4:43 pm I'd like to see this as a poll:
I noticed my fund was down big time, so I
(a) Quickly posted to my favorite forums about my huge loss asking "What's up?"
(b) Looked at all the other posts about huge one-day drops on my favorite forums and figured it out
(c) Looked at my fund's web site and figured out there was a distribution
(d) Didn't bother to look because I already knew about distributions this time of year
(e) My fund is down? I didn't even notice.
I glance at my portfolio... but hardly more than once a week or so and barely pay attention to daily or weekly fluctuations. Make yourself crazy.
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Re: My Fund is Down?! IT'S DISTRIBUTION TIME!!!
I am (d). I keep track of my distributions.sureshoe wrote: ↑Fri Apr 23, 2021 1:06 pmWould be a good poll. I hope most people here are (e).livesoft wrote: ↑Fri Dec 30, 2011 4:43 pm I'd like to see this as a poll:
I noticed my fund was down big time, so I
(a) Quickly posted to my favorite forums about my huge loss asking "What's up?"
(b) Looked at all the other posts about huge one-day drops on my favorite forums and figured it out
(c) Looked at my fund's web site and figured out there was a distribution
(d) Didn't bother to look because I already knew about distributions this time of year
(e) My fund is down? I didn't even notice.
I glance at my portfolio... but hardly more than once a week or so and barely pay attention to daily or weekly fluctuations. Make yourself crazy.
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Re: My Fund is Down?! IT'S DISTRIBUTION TIME!!!
I'm interested in the results of this poll as well.livesoft wrote: ↑Fri Dec 30, 2011 4:43 pm I'd like to see this as a poll:
I noticed my fund was down big time, so I
(a) Quickly posted to my favorite forums about my huge loss asking "What's up?"
(b) Looked at all the other posts about huge one-day drops on my favorite forums and figured it out
(c) Looked at my fund's web site and figured out there was a distribution
(d) Didn't bother to look because I already knew about distributions this time of year
(e) My fund is down? I didn't even notice.
Re: [Why did my fund suddenly drop in value?]
There is also f) reinvested the distribution and nothing changed.
- retireIn2020
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Re: [Why did my fund suddenly drop in value?]
Should this thread actually be a sticky? why?
https://www.merriam-webster.com/dictionary/abide
Re: [Why did my fund suddenly drop in value?]
It reduces the multiple new threads at quarterly dividend times, when someone happens to notice that the SP 500 (or whatever) was up that day, but their fund was down. They're confused since they didn't realize it was divided day for their fund.
- AnnetteLouisan
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Fidelity Puritan (FPURX) Down 10% Friday
[This topic post and the replies have been merged into the topic "Why did my fund suddenly drop in value?" that is stickied at the top of the Investing - Theory, News forum- Moderator Misenplace]
Just noticed that Fidelity Puritan (FPURX) appears to be down 10% on Friday and trying to figure out why? A little confused how a diversified fund like this can drop so much in one day when it didn't seem like there was much movement on Friday with the major indexes. Am I missing something?
Just noticed that Fidelity Puritan (FPURX) appears to be down 10% on Friday and trying to figure out why? A little confused how a diversified fund like this can drop so much in one day when it didn't seem like there was much movement on Friday with the major indexes. Am I missing something?
Re: Fidelity Puritan (FPURX) Down 10% Friday
Was it capital gains distributions?
Re: Fidelity Puritan (FPURX) Down 10% Friday
Was there a distribution and it being an active fund? maybe they made a bad trade you couldn’t possibly know about, with it being a mutual fund.
Re: Fidelity Puritan (FPURX) Down 10% Friday
I don't own FPURX, but I thought, "gee, I wonder if it paid a dividend on Friday."
So I tried a Google search for "FPURX dividend date". Sure enough, the very first hit had the following snippet underneath it:
So I tried a Google search for "FPURX dividend date". Sure enough, the very first hit had the following snippet underneath it:
Another search revealed that the share prices on Thursday and Friday were $29.24 and $26.21, a drop of $3.03. Case closed.Oct. 08, 2021 DIVIDEND ANNOUNCEMENT: Puritan Fd./Fidelity Puritan Trust (NASDAQ: FPURX) on 10-08-2021 declared a dividend of $3.0160 per share
Re: Fidelity Puritan (FPURX) Down 10% Friday
Dividend Declaration DateOct. 08, 2021FlaLove wrote: ↑Sun Oct 10, 2021 1:17 am Just noticed that Fidelity Puritan (FPURX) appears to be down 10% on Friday and trying to figure out why? A little confused how a diversified fund like this can drop so much in one day when it didn't seem like there was much movement on Friday with the major indexes. Am I missing something?
Dividend Ex DateOct. 08, 2021
Dividend Record DateOct. 08, 2021
Dividend Pay DateOct. 11, 2021
Dividend Amount Current$3.016
Dividend Amount Previous$0.052
Re: Fidelity Puritan (FPURX) Down 10% Friday
Thanks all - I figured there was probably a good explanation.
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Re: Fidelity Puritan (FPURX) Down 10% Friday
That's a pretty hefty distribution for an allocation fund.
Re: Fidelity Puritan (FPURX) Down 10% Friday
Fidelity funds had capital gains on Friday.
Re: [Why did my fund suddenly drop in value?]
My Columbia Small Cap Value Fund CRRYX was down 7.11% today
Wealth is not about having a lot of money; it's about having a lot of options.
Re: [Why did my fund suddenly drop in value?]
Was there a dividend or some other distribution today?
Edited to add - yes:
https://www.dividendinvestor.com/divide ... per-share/
Re: [Why did my fund suddenly drop in value?]
Aww yes, I see that now!clip651 wrote: ↑Tue Dec 07, 2021 10:02 pmWas there a dividend or some other distribution today?
Edited to add - yes:
https://www.dividendinvestor.com/divide ... per-share/
Wealth is not about having a lot of money; it's about having a lot of options.
Re: Fidelity Puritan (FPURX) Down 10% Friday
Fidelity funds vary. While fiscal year end distributions happen throughout the year, most regular mutual funds do their year-end distributions on the first three Fridays of December (about 1/3 each Friday with the funds consistent from year-to-year on which Friday it is). "Funds of funds" distribute on various dates after the third Friday, some as late as 12/30 this year.
It being a Friday in December, a good number of Fidelity mutual funds will make distributions this afternoon.
- firebirdparts
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Re: [Why did my fund suddenly drop in value?]
I love Christmastime, but it sure seems like capital gains distributions are source of surprise and amazement year after year. I suppose we might get another round at dividend time.
It's a good problem to have.
It's a good problem to have.
This time is the same
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What happened to VWILX today? (Vanguard’s International Growth Fund)
[Topic merged into the existing ongoing discussion -- moderator oldcomputerguy]
I was surprised to see VWILX drop so much in one day. I scoured the internet but cannot find anything that explains the drop. Any VWILX fund holders out there who knows what caused the drop? I know long and short term capital gains are around the corner but I do not think they have anything to do with the drop.
I was surprised to see VWILX drop so much in one day. I scoured the internet but cannot find anything that explains the drop. Any VWILX fund holders out there who knows what caused the drop? I know long and short term capital gains are around the corner but I do not think they have anything to do with the drop.
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Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
Apparently the fudge farkled for this fund. Please read this:
viewtopic.php?f=1&t=364847
viewtopic.php?f=1&t=364847
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Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
Are you holding it in a tax-advantaged account (IRA, 401(k), etc.), or taxable?
Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
Page two has the answer you seek. My best bet is that they had a huge position in TSLA (and maybe a few others) that they sold some of, and generated these gains ...ColoRetiredGirl wrote: ↑Wed Dec 15, 2021 7:33 pm I was surprised to see VWILX drop so much in one day. I scoured the internet but cannot find anything that explains the drop. Any VWILX fund holders out there who knows what caused the drop? I know long and short term capital gains are around the corner but I do not think they have anything to do with the drop.
Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
Every quarter or every half year and year end funds distribute dividends and capital gains accordingly.
When this occurs the fund NAV drops proportional to the distribution.
Something like that
When this occurs the fund NAV drops proportional to the distribution.
Something like that
Mid-40’s
- anon_investor
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Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
They do actually. Hopefully you hold it in an IRA and not a taxable account.ColoRetiredGirl wrote: ↑Wed Dec 15, 2021 7:33 pm I was surprised to see VWILX drop so much in one day. I scoured the internet but cannot find anything that explains the drop. Any VWILX fund holders out there who knows what caused the drop? I know long and short term capital gains are around the corner but I do not think they have anything to do with the drop.
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Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
I did not see a dividend or capital gain yet.
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Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
I have it in a tax advantage account.Hyperchicken wrote: ↑Wed Dec 15, 2021 7:35 pm Are you holding it in a tax-advantaged account (IRA, 401(k), etc.), or taxable?
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Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
I hold it in an IRA account. I know not to hold it in a taxable account. I realize capital gains could reduce my balance but this should occur at year end not now, I think.anon_investor wrote: ↑Wed Dec 15, 2021 7:36 pmThey do actually. Hopefully you hold it in an IRA and not a taxable account.ColoRetiredGirl wrote: ↑Wed Dec 15, 2021 7:33 pm I was surprised to see VWILX drop so much in one day. I scoured the internet but cannot find anything that explains the drop. Any VWILX fund holders out there who knows what caused the drop? I know long and short term capital gains are around the corner but I do not think they have anything to do with the drop.
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Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
Okay, this maybe the case as I calculated my capital gain at about the amount close to the drop in my holdings. I will see if the capital gain shows up soon. Thank you.
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Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
Paying a dividend and capital gains tomorrow. Almost $20 per share.
https://investor.vanguard.com/mutual-fu ... ions/vwilx
https://investor.vanguard.com/mutual-fu ... ions/vwilx
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Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
Yes! This is the issue. I was wrong about the dividend dates. Thank you!an_asker wrote: ↑Wed Dec 15, 2021 7:36 pmPage two has the answer you seek. My best bet is that they had a huge position in TSLA (and maybe a few others) that they sold some of, and generated these gains ...ColoRetiredGirl wrote: ↑Wed Dec 15, 2021 7:33 pm I was surprised to see VWILX drop so much in one day. I scoured the internet but cannot find anything that explains the drop. Any VWILX fund holders out there who knows what caused the drop? I know long and short term capital gains are around the corner but I do not think they have anything to do with the drop.
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Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
I received a message that I am not entitled to read this thread.livesoft wrote: ↑Wed Dec 15, 2021 7:34 pm Apparently the fudge farkled for this fund. Please read this:
viewtopic.php?f=1&t=364847
Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
Apparently that message isn't specific to you.ColoRetiredGirl wrote: ↑Wed Dec 15, 2021 8:21 pmI received a message that I am not entitled to read this thread.livesoft wrote: ↑Wed Dec 15, 2021 7:34 pm Apparently the fudge farkled for this fund. Please read this:
viewtopic.php?f=1&t=364847
Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
That message "You are not authorized to read this forum" shows up when the forum moderators are doing something with that thread. Possibly they're merging it with another thread, or some other admin-y thing.ColoRetiredGirl wrote: ↑Wed Dec 15, 2021 8:21 pmI received a message that I am not entitled to read this thread.livesoft wrote: ↑Wed Dec 15, 2021 7:34 pm Apparently the fudge farkled for this fund. Please read this:
viewtopic.php?f=1&t=364847
Check that link again in 30 minutes.
Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
I guess the title of that thread violates forum policy and the OP's got banned.sycamore wrote: ↑Wed Dec 15, 2021 8:32 pmThat message "You are not authorized to read this forum" shows up when the forum moderators are doing something with that thread. Possibly they're merging it with another thread, or some other admin-y thing.ColoRetiredGirl wrote: ↑Wed Dec 15, 2021 8:21 pmI received a message that I am not entitled to read this thread.livesoft wrote: ↑Wed Dec 15, 2021 7:34 pm Apparently the fudge farkled for this fund. Please read this:
viewtopic.php?f=1&t=364847
Check that link again in 30 minutes.
Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
I looked on the Internet and I cannot find what "***** ********" is, but I can guess. (Item in quotes changed to protect the innocent.)
I have owned VWILX's little brother VWIGX in a taxable account for many years, and while the big "payout" is not particularly welcome, it's way better than a loss. The big Tesla run-up in the past year is almost certainly the villain, but it was wearing a clown nose and honking a horn as it went up. Very entertaining.
I have owned VWILX's little brother VWIGX in a taxable account for many years, and while the big "payout" is not particularly welcome, it's way better than a loss. The big Tesla run-up in the past year is almost certainly the villain, but it was wearing a clown nose and honking a horn as it went up. Very entertaining.
Like good comrades to the utmost of their strength, we shall go on to the end. -- Winston Churchill
Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
Then please read this thread instead:ColoRetiredGirl wrote: ↑Wed Dec 15, 2021 8:21 pmI received a message that I am not entitled to read this thread.livesoft wrote: ↑Wed Dec 15, 2021 7:34 pm Apparently the fudge farkled for this fund. Please read this:
viewtopic.php?f=1&t=364847
viewtopic.php?f=10&t=129142
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Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
Thank you! Very entertaining. Yes, It is distribution time and I just received mine! Thanks again.livesoft wrote: ↑Wed Dec 15, 2021 10:04 pmThen please read this thread instead:ColoRetiredGirl wrote: ↑Wed Dec 15, 2021 8:21 pmI received a message that I am not entitled to read this thread.livesoft wrote: ↑Wed Dec 15, 2021 7:34 pm Apparently the fudge farkled for this fund. Please read this:
viewtopic.php?f=1&t=364847
viewtopic.php?f=10&t=129142
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Re: What happened to VWILX today? (Vanguard’s International Growth Fund)
I got it! The payout is welcome for me. I thought the ex-dividend date was later in the month. I should have checked there first.tooluser wrote: ↑Wed Dec 15, 2021 8:45 pm I looked on the Internet and I cannot find what "***** ********" is, but I can guess. (Item in quotes changed to protect the innocent.)
I have owned VWILX's little brother VWIGX in a taxable account for many years, and while the big "payout" is not particularly welcome, it's way better than a loss. The big Tesla run-up in the past year is almost certainly the villain, but it was wearing a clown nose and honking a horn as it went up. Very entertaining.