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March 23, 2015

Stock funds' sweet returns come with tax bite

  • Here's another trend: Over the last decade, 82 percent of large-cap managers have failed to match the S&P 500.
    • By STAN CHOE
    AP Business Writer

    NEW YORK — Even the most pleasing ice cream on a hot summer day can result in a headache.

    Such is the pain mutual-fund investors are feeling as they prepare their taxes. Another year of sweet returns for stock funds is leading to bigger tax bills for many who own funds in taxable accounts.


     
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