Hey All,
I have been trying to figure out if XLV (Health Care Select Sector SPDR Fund) has distributions besides any dividend payouts? I'm looking to invest a little more of my savings into this sector on the premise that a few of their top ten holdings have vaccines/treatments, testing, etc. involvement with Covid.
I know with Vanguard funds they usually post their distributions, which show they are tax efficient. I do not mind the dividends, but am not looking to get into something that has a history of making distributions. I believe that Vanguard uses a method to reduce tax liabilities. I'd like to see if XLV and perhaps SPDR funds follow suit as well.
I would greatly appreciate if anyone could help me figure this out,
Thanks and Happy Holidays