If you're a mutual fund investor, your short - and long - term gains may be in the form of mutual fund distributions. (fidelity.com)
For federal income tax purposes, fund distributions of long - term capital gains are generally taxable at reduced long - term capital gain rates. (franklintempleton.com)
That's right, as a bond investor you may actually cheer for higher interest rates because of the potentially positive impact on fund distribution payments. (blackrockblog.com)