A capital gain distribution is

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 12DQ
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A capital gain distribution is
Multiple Choice
the difference between the front
end load an the back end load.
the payments made to a fund's
shareholders that result from the
sale of securities in the fund's
portfolio
the earnings a fund pays to
shareholders after it has deducted
expenses from its dividend and
interest income.
the profit that results when you
sell your shares in the mutual fund
for more than you paid for
them.
Transcribed Image Text:A capital gain distribution is Multiple Choice the difference between the front end load an the back end load. the payments made to a fund's shareholders that result from the sale of securities in the fund's portfolio the earnings a fund pays to shareholders after it has deducted expenses from its dividend and interest income. the profit that results when you sell your shares in the mutual fund for more than you paid for them.
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