Why did USAA's mutual fund, USGRX drop 12% on Thursday, December 13th?

Dividends and cap gains posted....approx value will be the same...holders will have MORE shares at a lower share price.
( If this is actually something you own, it should be straightened out by now if you can check your holdings on- line)

mabe because they sent out dividends out last week?

This fund has declared a capital gains distribution of $2.60770, effective on 12/13/2007. Capital gains distributions reduce the value of the fund.

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