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Old 04-18-2013, 04:41 PM
 
Location: The Pacific NW.
879 posts, read 1,962,237 times
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Well, iShares, for example, has several and Vanguard has some too...they're known as "accumulation ETFs"...but they trade on foreign exchanges like the LSE, not (apparently) on U.S. exchanges too like I thought.

So I apologize for saying you were wrong, since, in regards to the U.S. exchanges anyway, you apparently were not. In fact, to make up for it, I'm sending you a check for the entire balance in my E*Trade account. (Okay, I don't own an E*Trade account, but it's the thought that counts, right? )

The fact remains, however, that ETF dividends--even in the U.S.--are paid net of expenses (as I mentioned earlier and as alluded to in the snippet you posted from the AMEX), so shareholders are often left with less than the full amount of dividends anyway.

BTW, whoever wrote that misleading Nasdaq characterization should be forced to go through grade school again--wearing a "give me a wedgie" sign on his/her back.
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Old 04-18-2013, 05:00 PM
 
106,651 posts, read 108,790,719 times
Reputation: 80143
ha ha ha ,i like your style..

anyway i did not think it would fly in this country because otherwise an etf could take ordinary dividends that at times were unqualified if you owned the stock and shifting them from being taxed at regular rates to being taxed at lower capital gains rates if you owned the funds..
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