Talk:Vanguard FTSE All-World ex-US Small-Cap Index Fund tax distributions

Why is the long-term capital gain 0.00%?

In the annual report, Year ended October 31, 2010, Statement of Changes in Net Assets, implies both long- and short-term components as highlighted in Note 2. Footnote D states the long-term capital gains are available, but not whether they were actually distributed. Realized Capital Gain2 2 Includes fiscal 2010 short-term gain distributions totaling $2,854,000. Short-term gain distributions are treated as ordinary income dividends for tax purposes.

Footnote D: For tax purposes, at October 31, 2010, the fund had $21,371,000 of ordinary income and $3,901,000 of long-term capital gains available for distribution. I tried to reproduce the $0.17 long-term capital gain component as shown in Estimated year-end distributions for Vanguard funds, but could not derive anything from the annual report. The long-term gain is greater than the short-term gain, so it has a reportable value. How is long-term gain derived? --LadyGeek 19:51, 6 January 2011 (EST)


 * The Fiscal year ends in October. The distribution reported in 2010 occurred in December 2009. This was a short-term gain. The gains realized in 2010 are not distributed as of the report and were distributed in December 2010. These December distributions occurred in fiscal year 2011 and will be recorded in the 2011 reports.--Blbarnitz 23:54, 6 January 2011 (EST)