In The Doghouse – 2018

Here is our 2018 list of funds with estimated distributions in excess of 20% of NAV.  Just over 80% of the firms in my database have released their distribution estimates, so this list is almost complete.

It’s important to note that funds on this list are not necessarily poor quality, but these funds are worth a second look if you hold them in taxable accounts. Think twice before purchasing these in a taxable account before their distribution dates.

NOTE: Funds on this list do not necessarily represent all share classes. Always look at your specific fund before making any decisions.

Funds with estimated distributions higher than 30% of NAV:

Artisan International Small Cap
Columbia Multi-Manager Directional Alternative Strategies
Goldman Sachs Rising Dividend Growth
Goldman Sachs Strategic Growth
Harbor International (over 40%)
Loomis Sayles Small/Mid Cap Growth
Nationwide Diamond Hill Large Cap Concentrated (over 50%)
Nationwide WCM Focused Small Cap (over 40%)
Nationwide Dynamic U.S Growth
Neuberger Berman Greater China Equity
Pioneer Real Estate Shares
Principal Capital Appreciation
Principal LargeCap Growth (over 40%)
RiverPark Wedgewood (over 40%)
Transamerica Growth (big numbers, wide range)
Transamerica Mid Cap Growth (big numbers, wide range)
Victory Institutional Diversified Stock (over 60%)
Wells Fargo Disciplined Small Cap (over 40%)
Westwood Low Volatility Equity

Funds with estimated distributions higher than 20%:

Aberdeen Realty Income and Growth
AMG Frontier Small Cap Growth
Artisan Mid Cap
AllianzGI Micro Cap
AllianzGI Ultra Micro Cap
BMO Mid-Cap Growth
Buffalo Growth
Buffalo Small Cap
Calamos Global Equity
Delaware Select Growth
Delaware Small Cap Growth
Federated Max-Cap Index
Frost Mid Cap Equity
Goldman Sachs Capital Growth
Goldman Sachs Growth Opportunities
Goldman Sachs Technology Opportunities
Hancock Horizon Burkenroad Small Cap
Harbor Small Cap Growth
Hartford Small Cap Core
Hennessy Cornerstone Mid Cap 30
Invesco Global Market Neutral
John Hancock Technical Opportunities
J.P. Morgan Small Cap Blend
Kinetics Internet
Manning & Napier Disciplined Value
MSIFT Mid Cap Growth
Nationwide Geneva Mid Cap Growth
Nationwide Small Cap Index
Osterweis Fund
PGIM Jennison Mid-Cap Growth
PIMCO RAE Low Volatility PLUS International
Putnam Sustainable Future
RiverFront Asset Allocation Aggressive
RiverNorth Core Opportunity
Royce Smaller-Companies Growth
Royce Special Equity Multi-Cap
Russell U.S. Dynamic Equity
State Farm Equity
State Farm LifePath 2040
State Farm LifePath 2050
State Farm Equity & Bond
T. Rowe Price Science & Technology
Victory NewBridge Large Cap Growth
Voya Real Estate
Wasatch Micro Cap
Wasatch Small Cap Growth
Wells Fargo Traditional Small Cap Growth
William Blair Growth
William Blair Small-Mid Cap Value
Yorktown Capital Income