Distributions question

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InvestorNewb
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Distributions question

Post by InvestorNewb »

Based on the page below, Vanguard FTSE Canada All Cap Index ETF (VCN) paid dividends of $0.202685 per share on January 8, 2018. It also paid capital gains of $0.118423 per share on the same date.

I am only seeing the first dividend in my account. I thought I would see $0.202685 + $0.118423 per share in dividend income. Why would capital gains be found under distributions if they are not being paid out that way?

https://www.vanguardcanada.ca/advisors/ ... ty/?prices
My Portfolio: VTI [US], VXUS [Int'l], VNQ [REIT], VCN [Canada] (largest to smallest)
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adrian2
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Re: Distributions question

Post by adrian2 »

It's right there in the URL you linked to:

Cash distribution per unit = $0.00000
Reinvested distribution per unit = $0.118423

2017 ETF re-invested distributions -- about re-invested (non-cash, "phantom") distributions, typically capital gains, for ETFs this year.
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longinvest
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Re: Distributions question

Post by longinvest »

It's also known as a phantom distribution. It's advantageous to take it into account when calculating the adjusted cost basis (ACB) in a taxable account.
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