The relatively high turnover of the fund was likely responsible for considerable capital gain distributions in three out of the last four years, which made the fund less suitable for taxable accounts. (alpholio.com)
In addition, over the past five years the fund produced considerable capital gain distributions, which made it less suitable for taxable investment accounts. (alpholio.com)
In addition, despite its modest turnover, the fund had considerable capital gain distributions in 2011, 2013 and 2015, which made it less suitable for taxable accounts. (alpholio.com)