Handful of mutual funds set up for big capital gains distributions

Plus: Wells Fargo's woes continue, the scariest presidential election could get even scarier, and how to spend that extra hour this weekend

OCT 31, 2016

By Jeff Benjamin

So far, 2016 doesn't look like a year in which investors will be hit hard with mutual fund capital gains distributions. But there are some noteworthy standouts. A “handful of doozies.”
The official word from Wells Fargo is that the SEC is investigating its sales practices. Reporting $1.7 billion in third-quarter losses due to “a number of matters.”
Just because Halloween is over doesn't mean we still can't toss out some scary thoughts. What happens if nobody wins the presidential election? Would the final decision be left to the old or new Congress?
As you turn back your clock this weekend for daylight savings time, keep in mind there are lots of ways to use that extra hour. Change your passwords, and clean out the medicine cabinet.