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Quicken Mac 2017 dividend handling
I have had to manually enter my investment transactions as my FI, until recently, did not work with QMac. I enter the purchase as a buy. When the fund pays a dividend, I use reinvest dividend as the option. When I look at the Portfolio Value the total gain/ loss column does not accurately reflect the real returns on the investment. For example, I have a mutual fund, PAUDX, that I have the dividends reinvested in a Roth IRA. QMac 2017 shows that I have a $544.25 or -4.03% loss in the fund. If I went by Quicken's results, I would think this was a bum investment. If I look at the reports available from the FI, they show that with reinvested dividends included, I had a $1,048.02 gain on my initial investment. The following link explains how a mutual fund reacts when dividends are made. I would think this is how QMac should handle the reporting of gains and losses when dividends are concerned. Not sure if QMac 2018 will handle it differently...
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