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李梦璐 · 2022年09月24日

答案解析的意思

NO.PZ2015121810000063

问题如下:

Which of the following statements regarding distributions made by ETFs is correct?

选项:

A.

Return-of-capital (ROC) distributions are generally not taxable.

B.

ETFs generally reinvest any dividends received back into the ETF’s holdings.

C.

A dividend distribution is a distribution paid to investors in excess of an ETF’s earnings.

解释:

A is correct. Return-of-capital distributions are amounts paid out in excess of an ETF’s earnings and serve to reduce an investor’s cost basis by the amount of the distribution. These distributions are generally not taxable.

老师,这题答案的解析那句话是什么意思呢?没有看明白。

1 个答案
已采纳答案

星星_品职助教 · 2022年09月24日

同学你好,

ROC是在ETF的earnings之外,额外支付给投资者的一笔钱。这笔钱相当于原始投资的返还而非盈利,所以通常情况下是不用交税的。

所以A选项正确。C选项相当于偷换了概念,正确的描述应该是ROC distribution,而非Dividend distribution。

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