Hi all, pretty basic question here but I’m hoping someone could help. Is it worth trying to trade to play year end capital gains distributions on ETFs/Mutual Funds? For example: if the Ex Date is 12/2 and Pay date is 12/8, would it make sense buying in on 12/1 and selling on 12/9 to take full advantage of the year end distributions? Specifically I am looking at ETFs (no trade fees) with YE distribution estimates greater than 10% and trading within a Roth so there are no tax consequences for the gains distributions. My long winded question is, is this strategy worth pursuing coming up on year end?
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