Rob, thanks for sharing and I find the old morningstar tax website interesting but I'm trying to make sense of the Potential Cap Gains Exposure on that website for SWLGX vs. SWTSX. Turnover ratio for SWLGX is 41% and SWTSX is 4% so I chose SWTSX for my taxable account large cap exposure (in addition to the mid and small cap included with SWTSX). However, the old morningstar tax website you provided has Potential Cap Gains Exposure for SWLGX of 22.41 and SWTSX of 42.30. Can you help me make sense of why the potential capital gains exposure is so high for a fund with such a low turnover rate so I can confirm which one is better for large cap exposure in a taxable account? Is it just because of potential dividends? Thanks for the help.
Thanks for the great content, you are my new favorite channel! One question about expense ratios; is the quoted yield of a mutual fund or EFT the net after the expense ratio? Or does the expense ratio get subtracted off the stated yield?
The yield has nothing to do with the expense ratio. It's separate. The expenses get taken from the fund assets regardless of the yield. That said, for tax purposes, I believe some funds take expenses from income to avoid selling shares and triggering taxable gains.
You can access the same information for free through FINRA here: finra-markets.morningstar.com/MutualFund/AdvScreener/Screen.jsp Just enter the Funds Ticker Symbol in the "Get a Quote" field.
That tax pre/post should be included on the new website. The direct comparison of funds and longitudinal data is very informative.
Rob, thanks for sharing and I find the old morningstar tax website interesting but I'm trying to make sense of the Potential Cap Gains Exposure on that website for SWLGX vs. SWTSX. Turnover ratio for SWLGX is 41% and SWTSX is 4% so I chose SWTSX for my taxable account large cap exposure (in addition to the mid and small cap included with SWTSX). However, the old morningstar tax website you provided has Potential Cap Gains Exposure for SWLGX of 22.41 and SWTSX of 42.30. Can you help me make sense of why the potential capital gains exposure is so high for a fund with such a low turnover rate so I can confirm which one is better for large cap exposure in a taxable account? Is it just because of potential dividends? Thanks for the help.
Thanks for the great content, you are my new favorite channel! One question about expense ratios; is the quoted yield of a mutual fund or EFT the net after the expense ratio? Or does the expense ratio get subtracted off the stated yield?
The yield has nothing to do with the expense ratio. It's separate. The expenses get taken from the fund assets regardless of the yield. That said, for tax purposes, I believe some funds take expenses from income to avoid selling shares and triggering taxable gains.
@@rob_berger thanks for the reply, keep up the great content!
You can access the same information for free through FINRA here: finra-markets.morningstar.com/MutualFund/AdvScreener/Screen.jsp
Just enter the Funds Ticker Symbol in the "Get a Quote" field.
First!