Last I looked SCHD has a turnover of 43% or so.
One article I was reading about it mentioned the tax consequences of such a high turnover.
However, another indicated that ETFs are able to manage their assets in such a way that it is rare that shareholders will realize a taxable gain from an underlying stock.
Which is true? Am I unwittingly incurring a whole bunch of capital gains from SCHD by holding it in a taxable account?
Submitted August 10, 2021 at 12:57AM by TheDreadnought75 https://ift.tt/3s2L1YS