mr. and mrs. golding own 13,850 shares in ptj mutual fund. this year, they received a $6,390 cash distribution from ptj. which of the following statements is false? multiple choice some or all of the distribution may be a capital gain distribution. some or all of the distribution may be a qualified dividend. some or all of the distribution may be ordinary income. none of these statements are false.

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10-12-2022
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mr. and mrs. golding own 13,850 shares in ptj mutual fund. this year, they received a $6,390 cash distribution from ptj. which of the following statements is false? multiple choice some or all of the distribution may be a capital gain distribution. some or all of the distribution may be a qualified dividend. some or all of the distribution may be ordinary income. none of these statements are false.

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Mr. and Mrs. Golding may have received cash distribution, a qualifying dividend payment, or a capital gain payout from the PTJ mutual fund. Thus, none of these statements are false.

A mutual fund is a business that collects money from a lot of individuals and invests it in stocks, bonds, and other types of short-term debt. The mutual fund's portfolio is the collective name for its holdings. Owners of mutual funds purchase shares.

In general, mutual funds may be divided into four types based on the asset classes they invest in: equities funds, fixed-income funds, money market funds, and hybrid funds.

To know more about Mutual Funds here

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