Mutual Fund Capital Gains distributions are not accounted for in performance numbers
Check any mutual fund with a significant distribution and this is extremely obvious. A perfect example is PCFIX - Pimco Rae Plus Small Cap. Down 50% in one day? Nope, just a huge cap gain. Same thing for AHLYX and many other funds. I get y'all not picking this up right away...but it's been approx 4 months now
Robert Franer commented
By the way, I have emailed support about this and got crickets.