The ________ is the individual holding shares in the mutual fund on the day the fund distributes dividends and capital gains.

Question

Quizplus · Accepted Answer

The person of record is the individual who is recorded as holding shares in the mutual fund on the date of distribution of dividends and capital gains. This person is entitled to receive the distribution, regardless of whether they still hold the shares at the time of payment. The other answer choices are not specifically related to the distribution of dividends and capital gains.

The ________ Is the Individual Holding Shares in the Mutual