S&P 500 On The Cheap: You Can Buy These 16 ETFs For Next To Nothing investors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investors.com Daily Mail and Mail on Sunday newspapers.
Capital gains season is here, and exchange-traded fund investors once again have reason to celebrate. Most ETFs will not be making capital gains distributions in 2020.
To date, 12 of the largest ETF sponsors which together manage 95% of the $5.2 trillion invested in ETFs have reported estimated capital gains distributions for their funds. These 12 firms back a total of 1,392 ETFs, representing 61% of the 2,285 ETFs available to investors as of Dec. 10, 2020. Among these 1,392 ETFs, just 70 (5%) will distribute capital gains to their investors this year. The impact of these distributions on investors’ tax bills will generally be small, as 59 of the 70 (84%) of the funds spinning off gains will make distributions that amount to less than 1% of their Nov. 30 net asset values.