Vanguard Explorer Fund tax distributions
Explorer |
---|
|
The Vanguard Explorer Fund is a problematic candidate for placement in taxable accounts. The fund has the virtue of a very low dividend yield, and under the current tax regime, has provided 100% qualified dividend status for dividend distributions. The fund also allows a foreign tax credit although historically foreign income has been a minimal portion of fund dividends. The distribution of realized gains is considerably higher than distributions from passive small cap index funds. Thus, the fund is usually recommended for placement in tax-advantaged accounts.
The fund is a Vanguard option for investors desiring an active small cap fund for a strategic asset allocation. The table below summarizes the fund's relation to a number of tax factors.
The following table provides long term data on the fund's history of both dividend and capital gains distributions. The first table also provides an estimate of the foreign tax credit. One should note that the fund has a fiscal year ending in October, so its reported distributions for a year reflect the prior year's December distribution of dividends and capital gains.
Distributions
Fund distributions |
---|
Data sources |
Year [notes 1] |
Dividends Investor [1] |
Dividends Admiral [1] |
Short Term Capital Gains | Long Term Capital Gains [notes 2] |
Qualified Dividends | Foreign tax credit [notes 3] |
FY Investor Return |
2018 | 0.31% | 0.45% | 2.04% | 7.73% | 100.00% | 0.004% | 12.12% |
2017 | 0.43% | 0.57% | 0.00% | 12.46% | 100.00% | 0.003% | 27.10% |
2016 | 0.46% | 0.58% | 0.68% | 8.79% | 100.00% | 0.008% | 2.47% |
2015 | 0.27% | 0.41% | 1.63% | 11.57% | 100.00% | 0.004% | -0.62% |
2014 | 0.12% | 0.28% | 1.54% | 8.15% | 100.00% | 0.003% | 8.20% |
2013 | 0.27% | 0.43% | 0.00% | 2.49% | 100.00% | 0.003% | 42.89% |
2012 | 0.16% | 0.33% | 0.00% | 0.00% | 100.00% | 0.004% | 7.00% |
2011 | 0.12% | 0.28% | 0.00% | 0.00% | 100.00% | 0.002% | 10.76% |
2010 | 0.19% | 0.36% | 0.00% | 0.00% | 100.00% | 0.001% | 27.74% |
2009 | 0.38% | 0.58% | 0.00% | 0.00% | 100.00% | 0.003% | 14.46% |
2008 | 0.40% | 0.58% | 3.68% | 13.10% | 100.00% | 0.009% | -40.17% |
2007 | 0.44% | 0.62% | 1.19% | 9.74% | 100.00% | 0.001% | 15.31% |
2006 | 0.36% | 0.54% | 1.82% | 5.69% | 100.00% | 0.001% | 13.59% |
2005 | 0.16% | 0.33% | 0.00% | 0.10% | 100.00% | 14.53% | |
2004 | -0.11% | 0.04% | 0.00% | 0.00% | 6.08% | ||
2003 | -0.08% | 0.05% | 0.00% | 0.00% | 41.65% | ||
2002 | -0.01% | 0.13% | 0.00% | 0.00% | -13.93% | ||
2001 | 0.24% | 11.77% | 7.46% | -16.22% | |||
2000 | 0.36% | 0.00% | 8.36% | 42.56% | |||
1999 | 0.36% | 0.00% | 0.55% | 25.14% | |||
1998 | 0.37% | 0.21% | 9.65% | -11.22% | |||
1997 | 0.45% | 0.00% | 4.91% | 18.93% | |||
1996 | 0.51% | 1.08% | 5.09% | 17.97% | |||
1995 | 0.52% | 0.00% | 4.33% | 17.46% |
Notes
- ↑ FY 2013 dividend: net investment income per share and the ratio of net investment income to average net assets include $.038 and 0.03%, respectively, resulting from a special dividend from HFF Inc. in December 2012.
- ↑ Capital gains are derived by dividing the annual capital gains distribution by average net assets. Gains data derived from EDGAR N-CSR annual report filings 2003 onwards and EDGAR N-30D annual report filings 1995-2002. Average net asset data derived from N-CEN and EDGAR NSAR filings. The second tab provides annual per share distribution data.
Table. Capital gains distributions
(View Google Spreadsheet in browser, then File --> Download as to download the file.)
Note: If the spreadsheet is blank, select a different sheet, then back to that sheet. The image will be refreshed. - ↑ The foreign tax credit is derived by dividing the annual foreign tax paid by average net assets. Foreign tax data derived from EDGAR N-CSR annual report filings 2003 onwards and EDGAR N-30D annual report filings 1995-2002. Average net asset data derived from N-CEN and EDGAR NSAR filings
Table. Foreign tax credit table
(View Google Spreadsheet in browser, then File --> Download as to download the file.)
Note: If the spreadsheet is blank, select a different sheet, then back to that sheet. The image will be refreshed.
References
- ↑ 1.0 1.1 Dividend data is derived from the EDGAR N-CSR annual report filings 2003 onwards and EDGAR N-30D annual report filings 1995-2002.
External links
- Current tax attributes
- EDGAR N-CSR annual report filings 2003 onwards
- EDGAR N-30D annual report filings 1995-2002
- N-CEN filings 2018 onwards
- EDGAR NSAR filings 1995 - 2017
- State Individual Income Tax Rates, 2019, The Tax Foundation
- Qualified dividend income:
- Tax information-Vanguard funds, qualified dividends, see also past years data tab.
2015 QDI •
2014 QDI • QDI 2013 • QDI 2012 • QDI 2011 •
QDI 2010 • QDI 2009 • QDI 2008 • QDI 2007 • QDI 2006 • QDI 2004