Bringing you live news and features since 2006 

Only 84 of 1,370 US ETFs pay capital gains distributions in 2011

RELATED TOPICS​

Only 84 of the 1,370 ETFs trading in the United States are paying capital gains distributions for 2011, according to a comprehensive survey of ETF providers conducted by IndexUniverse. The numbers include 202 exchange-traded notes, which are included within the broader ETF universe under the IndexUniverse ETF Classification System.

According to IndexUniverse, the low payout ratio, which equates to just 6 per cent of the broader universe – demonstrates the tax efficiency of ETFs.

The most impressive performance came in traditional equity ETFs, where just 19 of 756 ETFs paid distributions. These payouts, however, included the fund with the largest single distribution by any ETF in 2011 – the 15.62 per cent payout by the Market Vectors − Brazil Small Cap ETF (NYSEArca: BRF).

Fixed income, however, fared far worse. Thirty-seven of 156 fixed-income ETFs paid out distributions, or nearly 24 per cent of all non-leveraged ETFs. The payouts were small—31 of 37 funds paid out gains totalling less than 1 per cent of each of the fund’s net asset value. Nonetheless, the number of payouts was high.
Leveraged and inverse ETFs also saw significant distributions, with 25 of 259 geared ETFs on the market paying out distributions, or 10 per cent of all products.

Alternative ETFs – an asset category that includes hedge fund replication, long/short ETFs and similar strategies – had 9 of 49 ETFs paying distributions, or 18 per cent of those funds.

Currency ETFs and Asset Allocation ETFs, however, were perfect, with zero payouts among a combined 51 funds.
 

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by