Fund Yield History

am1707

Hi,

Where do I find out the yield history of a fund? i.e. How regularly they have paid out a divedend?

For example if we look on Hargreaves Lansdown website (annoyingly I can't post a link as a new user) and search for the Axa Framlington Global Tech accummulation Fund, it tells me under 'Income Details' that the running yield is N/A.

However below that it has the next expected dividend distribution date, 15th March 2014 (though naturally this is not guaranteed.) I can't see anywhere though where it tells me how often they have paid out on previous dividend dates.

If you have any links to websites that display this information that would be much appreciated.

Thanks

grey_gym_sock

http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=FRMNFI&univ=U&typeCode=FFRMNFA&pagetype=dividends specifies dates on which they've paid a dividend of 0.000p

Shaolin_Monkey

In short, there is no income from this fund. I would guess that the income received from the shares it holds which do pay a dividend (e.g. Apple pays dividends now) is used to pay management charges. Tech shares, especially 'growth' shares as opposed to mature tech companies like Intel or Microsoft, typically don't pay much in dividends.

am1707

Grey gym sock, that is a good start but that only shows the past 3 scheduled dividend payments. Is there a website that charts the entire history since the fund first formed?

Shaolin Monkey, I appreciate that a lot of the individual shares may not pay dividends but surely not all of then. In which case I would expect the management to take their allocated percentage charges and then pass the rest back to the investors (even if that is only a tiny amount).

grey_gym_sock

sorry, i don't know where to find longer-term dividend history. (it's easier to find for investment trusts than for funds.)

there may well be nothing left to pay out after deducting management charges.

Thrugelmir

As the name suggest, accumulation funds don't pay out dividends.

am1707

Surely they must pay out the equivalent of a dividend, which then gets reinvested into fund. Therefore you should see an increase - or an accumulation if we want to follow the terminology - in the number of units that you own. Or am I missing something here?

Thrugelmir

Income received by the fund is included in the valuation of the unit price.

grey_gym_sock

you never see the cash, but the amount of the dividend (in pence) is declared (since it can matter for tax purposes).