Investors in this iShares Frontier ETF face unusually high capital gains obligation
One of the reasons ETFs have been adopted so widely is that ETFs are typically very tax-efficient investments, especially when compared to mutual funds, because their structure typically allows them to avoid shareholder distributions. The operative word in the opening sentence is typically. This year, one particular ETF, the iShares MSCI Frontier Markets 100 ETF (Symbol: FM, NYSE-Arca, recent price $34.26) will pay out a large distribution on December 24th. The ETF begins trading “ex-dividend” on December 17. A recent ETF.com explains the circumstances that led to this unusual event in a recent blog post by analyst Dennis Hudacheck.
You can get a complete list of the iShares ETFs that will be paying distributions on the iShares website.
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