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Investing - Theory, News & General • Transfer ETFs vs mutual funds

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The BND ETF declares dividends monthly, so you only earn the dividend if you own shares on the record date (once a month, usually at the end).
I dislike the term “earn the dividend”, which you don’t. Funds accrue income daily. This is reflected in the NAV.

Funds may choose to declare dividends daily, monthly, or whatever. The sole purpose of dividends is to create 1099s.

Statistics: Posted by alex_686 — Fri Sep 27, 2024 6:37 pm — Replies 10 — Views 582



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