| ---Latest Dividend------ --12 Mth--
> 52 week Fund Week's Close Wk Dividend Record Pay Inco. Cap.
>High Low Name High Low NAV Chg Inc.+Cap Gains Date Date Divs. Gain
>Vanguard
>9.99 9.37 BdMkt n 9.67 9.62 9.66+ .04 .0603 .... 3-02 .759 .0349
_____ ____ ____ _____
>Underlined is what I don't understand.
Dividend - Most recent paid out, not necesssrily quarterly. It may consist
if accumulated divident income and Capital gains.
Record date - Date you needed to own the fund sahres to get the money. Often
the same as the pay date (as in this case).
12 mth - Summary of Dividend and Capital gais distributions.
This particular fund (in fact most) owns a pool of publicly traded stocks. You
own shares of the fund (and indirectly a proportionate share of each holding in
the fund).
When Dividends are recieved by the funds, or capital gains resulting from sales
of the owned shares, these are distributed to the fund shareholders in proportion
to what you own. It is possible to end up with partial cents per share
and if you are involved in reinvesting the distributions, remaining partial
cents are included in the reinvestment.
Close NAV is the closing value per fund share of ALL the funds holdings at the
end of the week (day in the Wall St.Journal).
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| Hi,
If you are starting to get interested in Mutual Fund investing. Try
looking at the quarterly Funds summary put out by Barron's. This will
give you a longer term perspective and more valuable information on
the funds track record.
In Canada we have monthly tables put out by the financial newspapers
giving 3 month, 6 month, 1 year, 3 year, 5 year, and 10 year compounded
growth rates of all Canadian based mutual funds. Barron's listing is
somewhat like this. I'll bet there are other financial journals
besides Barron's that do this as well.
Good Luck, Jim D
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