The effect of taxes on shareholder inflows around mutual fund distribution dates

axable investors who are considering purchasing mutual fund shares around the dates when a mutual fund is planning a taxable distribution can reduce the present discounted value of their tax liability by delaying their purchase until after the distribution date. Non-taxable shareholders, such as tho...

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Bibliographic Details
Main Authors: Johnson, Woodrow T., Poterba, James Michael
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: Elsevier 2018
Online Access:http://hdl.handle.net/1721.1/114256
https://orcid.org/0000-0003-3532-0998