Here is a summary.
1. Well over 90% of dividends of VTSAX in the past have been qualified. They are taxed at the more favorable long-term capital gains rate. Here is the 2023 qualified dividend data for Vanguard funds. https://investor.vanguard.com/investor- ... ncome-2023 From that data we can see that 94.68% of the dividends distrubuted by VTSAX in 2023 were qualified.
2. VTSAX and the ETF VTI are share classes of the same fund. This allows techniques available for ETFs to manage capital gains to be employed for VTSAX.
3. If you go to https://www.dividend.com/funds/vtsax-va ... t-idx-adm/ and scroll down to the distribution history, you will see that VTSAX last distributed a capital gain on 12/21/2000.
4. If you go to https://www.dividend.com/etfs/vti-vangu ... arket-etf/ and scroll down to the distribution history, you will see that VTI has never distributed a capital gain, and that implies that VTSAX has not distributed a capital gain since the ETF share class VTI was created.
5. Of minor significance, we can see from
https://investor.vanguard.com/content/d ... n-2024.pdf that 0.06% of the dividend distribution is US government interest that will be exempt from state and local income tax in states that do not require at least 50% of the fund income to be government interest to get the exemption. This is from t-bills held in the internal fund for mutual fund cash positions.
1. Well over 90% of dividends of VTSAX in the past have been qualified. They are taxed at the more favorable long-term capital gains rate. Here is the 2023 qualified dividend data for Vanguard funds. https://investor.vanguard.com/investor- ... ncome-2023 From that data we can see that 94.68% of the dividends distrubuted by VTSAX in 2023 were qualified.
2. VTSAX and the ETF VTI are share classes of the same fund. This allows techniques available for ETFs to manage capital gains to be employed for VTSAX.
3. If you go to https://www.dividend.com/funds/vtsax-va ... t-idx-adm/ and scroll down to the distribution history, you will see that VTSAX last distributed a capital gain on 12/21/2000.
4. If you go to https://www.dividend.com/etfs/vti-vangu ... arket-etf/ and scroll down to the distribution history, you will see that VTI has never distributed a capital gain, and that implies that VTSAX has not distributed a capital gain since the ETF share class VTI was created.
5. Of minor significance, we can see from
https://investor.vanguard.com/content/d ... n-2024.pdf that 0.06% of the dividend distribution is US government interest that will be exempt from state and local income tax in states that do not require at least 50% of the fund income to be government interest to get the exemption. This is from t-bills held in the internal fund for mutual fund cash positions.
Statistics: Posted by Northern Flicker — Tue Sep 10, 2024 10:40 pm — Replies 68 — Views 4352