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mutual fund capital gains treated as returns

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Charles Dixon16 декабря 25 г. | Опубликовано в Общая
why does portfolioslab consistently treat mutual capital gains distributions as returns. It completely scews the data for almost every mutual fund i look at when trying to compare to s&p 500.
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DS
Dmitry Shevchenko16 декабря 25 г.

Hi Charles, could you share a specific example, which fund and time period are you comparing?

Capital gains distributions are part of total return - this is the standard approach used across the industry. Total return = price change + dividends + capital gains distributions. When a fund distributes capital gains, you receive that money, so it's a real return.

CD
Charles Dixon

-3 мес.

FGINX for example

Look at the December returns

2023, 2021, 2019, 2018 , Nov 1999. The numbers are very large, as is the NAV drop is considered a loss and distributions treated as “returns” instead of reinvested dividends.

When i compare any of the funds, even my own DOGGX which i own, the annual and cummulative performance data for 3y,5y,10y are way off.

Am i missing something?

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Charles Dixon

-3 мес.

Another example PIODX shows an annualized return of over 30%. Whereas other sites data has it inthe 15.5% range. I just cannot seem to get mutual fund data to match even remotely close to any other data providors numbers outside of this site.
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Dmitry Shevchenko

-3 мес.

Yes, the numbers are way too high. It seems like there is an issue with mutual funds capital gains data we receive from our data provider. I'm now checking out another provider we can plug in for these kinds of distributions.
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Charles Dixon

-3 мес.

Ok thankyou very much! The mutual funds section is actually why I bought a subscription to this site. I eagerly await a resolution.
DS
Dmitry Shevchenko

-3 мес.

So we've just migrated to a hybrid approach and now source data from multiple providers. I do not see capital gains distributions that are unrealistically high, but continue to monitor the situation. And we're also looking for alternative data sources we can use for data cross-validation.
CD
Charles Dixon22 декабря 25 г.
Looking much better now. There are still some splits that aren't factored in correctly yet but they are very recent. The past years data of different funds I have looked at look much better. I'll keep an eye out if I see anything and let you know. Thanks.
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