Exact(4)
And investors who have held the fund for six months or more should still be happy.
An investor who simply held the fund over the 12 months through May would have lost 31.4percentt, Morningstar found.
Some brokerage firms that held the fund's securities profited from such front-running after being allowed to pore over its books as regulators fashioned a rescue.
Assuming you have held the fund for at least a year to qualify for long-term gains, you can avoid hefty short-term capital gains, which are taxed at your top marginal income tax rate.
Similar(54)
They are donating large sums to groups focused on their own diasporas or their homelands, like the organization that held the fund-raiser, the Korean American Community Foundation.
Andy Cohen, the Bravo executive and talk show host, held the fund-raiser, but while Mr. Cohen is known for his famous friends, we saw few.
After the terrorist attacks, the committee held the fund-raiser and contributed all of the donations to the Twin Towers relief fund in New York.
Mrs. Thomas had held the fund-raising position since the death in 1991 of her husband, who established the hospital four decades ago.
Like many of those celebrities, Mr. Brandt, the bankruptcy expert who held the fund-raising tea in South Florida for Mrs. Clinton, is a longtime Democratic benefactor.
Shareholders who have held the funds through the recent bear market for value investing can now enjoy the rebound.
Fund companies noted that their equity holdings were stated in prospectuses and said some risk was necessary to keep fund returns steady for retirees — many of whom would hold the fund past the maturity date.
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