Why do brokers send out 1099-DIV forms with total amounts for dividends, while mutual fund firms like Vanguard are required to list every fund ?

[robtm]

Good question. I've wondered about that myself. They are structured differently and have different rules. That's just the way things are.

[fanfare]

Your mutual fund holdings are in your name.

Your broker holds your stocks in street name.

[gottfriedvonstra]

Thanks.