So, over the years of adding a little of my paycheck to a few mutual funds, I have had $8,500 in PBLAX. They have been providing fairly consistent returns. I was content. But, last week the capital gains payout came, which was $1,766, I had it automatically set up to reinvest. But lately, almost all of the profits of the investment in PBLAX have gone in the red.
My question is, why is it when they had a good enough year for a great payout on investment, did so many of my investments go into the red?