It looks like the method that Yahoo Finance uses to calculate Adjusted Close for mutual funds has changed in past few weeks. The calculation used to account for capital distributions and dividends but now only included dividends. This makes Adjust Close for mutual funds fairly useless. The cacluation continues to be correct for ETFs. Is this change for mutual funds permanent?
Thanks very much.
This didn't use to happen. For some reason YF is not including Capital Gain distributions (short-term and long-term) in their historical prices/data and in their Adjusted Close prices for mutual funds.
Here is an example for VGHCX:
December 18, 2020
ST Cap Gain: $0.7985
LT Cap Gain: $9.6165
Total Disbribution: $12.2048
YF only uses the $1.79 dividend and not the total of $12.20. This is NOT correct. Please fix. I opened an issue months ago and it has never been fixed for this fund or any others.
Not sure if related but I reported an issue of capital gains not being reported