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1. American Funds Balanced Fund had a solid year of performance in 2021. In December 2021 the fund manager estimated the following taxable income amounts
1. American Funds Balanced Fund had a solid year of performance in 2021. In December 2021 the fund manager estimated the following taxable income amounts
$100mm short term capital gains
$100mm long term capital gains
$120mm short term capital losses
No long term capital losses
$20mm municipal bond interest
$50mm corporate bond interest
$40mm qualified stock dividends
The Fund has $5BN in total assets and 100mm shares Outstanding.
What is the total estimated distribution per share?
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