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Strategies & Market Trends : Mutuals:AIMing For Profits--Invest In Best -- Ignore unavailable to you. Want to Upgrade?

To: F Robert Simms who wrote (680)	12/13/1997 3:15:00 PM
From: OldAIMGuy	Respond to of 4158

Hi FR, Chances are it was a distribution. those happen alot at this time of year. 15% wouldn't be unusual. Check that first. A quick call to Vanguard should solve the puzzle. Best regards, Tom

To: F Robert Simms who wrote (680)	12/13/1997 11:20:00 PM
From: Jim Battaglia	Read Replies (2) \| Respond to of 4158

Bob, Tom is correct. The Family had distribution of the funds on Dec 11th with payable to you on December 17th. You will receive 3.00 per share on the 17th. The fund paid 12 cents income dividend, 86 cents on short term capital gains, 2.02 on Long term capital..total $3.00. Your shares went down by that amount but since the company will pay you $3.00 more per share and will in most cases re-invest it...you really didn't lose 15%. However, the event is taxable outside a IRA. 56% will fall in a 28% tax bracket. You can review the distributions at: vanguard.com Thanks for reading Mutuals: AIMing for Profits.... Jim Visit again!!!!