I don’t see much point in using ACATS for a MM since there is no cap gains, just send cash.
Yes, the dividends are stored somewhere and you will get credit for a partial month if you sell all the shares. At Vanguard, I have gotten two payments in such circumstances, one for the requested transfer and one for the partial month dividends, which aren’t visible to sell.
It’s a bit of a hassle to get completely out of the settlement fund because there isn’t a sell all shares option, like there is for other funds. So, it seems to take a few months to get down to $0.00.
Yes, the dividends are stored somewhere and you will get credit for a partial month if you sell all the shares. At Vanguard, I have gotten two payments in such circumstances, one for the requested transfer and one for the partial month dividends, which aren’t visible to sell.
It’s a bit of a hassle to get completely out of the settlement fund because there isn’t a sell all shares option, like there is for other funds. So, it seems to take a few months to get down to $0.00.
Statistics: Posted by rkhusky — Wed Aug 21, 2024 9:28 pm — Replies 2 — Views 213