ex-distribution
- This refers to a state where there's no right to a distribution that's yet to occur. Such a distribution could be, for example, capital gains from a mutual fund
- Investors were dismayed to learn that their shares were ex-distribution, meaning they would not benefit from the upcoming capital gains event.
- The broker explained to the client that selling the shares at an ex-distribution date might not be advisable if the client was looking for the subsequent capital gains payout.
- The new shares issued were announced to be ex-distribution, thus excluding those who bought them from the imminent capital gains distributions.
Provide Feedback
