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Please complete this is excel. 1. American Funds Balanced Fund had a solid year of performance in 2021. In December 2021 the fund managers estimated
Please complete this is excel.
1. American Funds Balanced Fund had a solid year of performance in 2021. In December 2021 the fund managers 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? 1. American Funds Balanced Fund had a solid year of performance in 2021. In December 2021 the fund managers 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 shareStep by Step Solution
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