In The Doghouse — 2025

Here is our 2025 list of funds with estimated distributions higher than 20% of NAV.

Funds with estimated distributions higher than 30% of NAV:

• Alliance Bernstein Sustainable US Thematic Portfolio
• AMG Montrusco Bolton Large Cap Growth
• BNY Mellon Mid Cap Multi-Strategy Fund
• BNY Mellon Small/Mid Cap Growth Fund
• Brown Advisory Growth Equity Fund
• Brown Advisory Small-Cap Growth Fund
• Brown Capital Management Small Company Fund
• Calvert Equity Fund C
• Columbia Integrated Large Cap Growth
• Columbia Integrated Large Cap Value
• Federated Hermes International Equity Fund
• Federated Hermes International Growth Fund
• Franklin Templeton ClearBridge Growth Fund
• Franklin Templeton ClearBridge Small Cap Growth
• Franklin Templeton TIF Foreign Smaller Companies Series Fund
• Franklin Templeton TIF International Series Fund
• Glenmede SMID Core Equity Portfolio
• Harding Loevner Funds Emerging Markets Portfolio
• Hennessy Focus Fund
• Invesco International Growth Fund
• Jensen Quality Growth Fund
• John Hancock Equity Income Fund
• John Hancock Financial Industries Fund
• Northern Trust Small Cap Value
• Royce SMid-Cap Total Return Fund
• SEI SIIT U.S. Managed Volatility Fund
• Wasatch International Opportunities Fund
• WCM SMID Quality Value Fund

Funds with estimated distributions higher than 20%:

• Allspring Growth Fund
• American Beacon Stephens Mid-Cap Growth Fund
• American Century Large Cap Equity Fund
• Artisan International Fund
• BNY Mellon Institutional S&P 500 Stock Index Fund
• BNY Mellon Small Cap Multi-Strategy Fund
• BNY Mellon Small Cap Value Fund
• Brookfield Global Listed Infrastructure Fund
• Calamos Growth Fund
• Edgewood Growth Fund
• Federated Hermes Kaufmann Large Cap Fund
• Glenmede Strategic Equity Portfolio
• John Hancock Classic Value Fund
• John Hancock Fundamental Equity Income Fund
• Impax Large Cap Fund
• Invesco Developing Markets Fund
• Invesco Global Small Cap Equity Fund
• Invesco International Diversified Fund
• Macquarie Value Fund
• Morgan Stanley Inst Intl Equity Portfolio
• Morgan Stanley Inst Global Stars Portfolio
• Nationwide Fund
• Nationwide WCM Focused Small Cap Fund
• Natixis Vaughan Nelson Mid Cap Fund
• NYLI Winslow Large Cap Growth Fund
• Polen Growth Fund
• Russell Investments Multifactor US Equity Fund Y
• SEI SIIT Large Cap Fund
• Transamerica Asset Allocation Long Horizon
• Transamerica Balanced II
• Transamerica Large Growth
• Virtus KAR Mid-Cap Growth Fund
• Voya MI Dynamic SMID Cap Fund
• William Blair Global Leaders Fund
• William Blair Growth Fund

NOTE: Funds on this list do not necessarily represent all share classes. Always look at your specific fund before making any decisions.