4 Replies to “dividend in mutual funds?”

  1. No fund of any kind provides daily income. The best funds for income in general these days are municipal bond closed-end funds. Here is a list of some good ones – dividend payouts are exempt from federal income tax.

    Blackrock municipal bond fund symbol MEN
    Blackrock municipal bond fund symbol BKK
    Nuveen municipal bond fund symbol NQI




  2. Hi friend,

    I hope you are aware of this:
    A dividend is the income you earn from investment in shares or mutual funds. It is declared from the profits earned by the company or fund house.
    DIVIDEND OF SHARES IS DIFFERENT FROM DIVIDEND OF MUTUAL FUNDS
    once the fund house declares the dividend, the NAV falls by the amount of dividend declared.
    Always understand the difference between the dividend from shares and dividend from mutual fund.

    “Don’t invest in the fund just for the sake of dividend. Rather look at the fund from the view of your risk profile, your goal, the fund’s performance, volatility and track record, before investing in it.”





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