While mutual fund opening orders can only be entered in whole dollar amounts, any sell order including closing orders must be entered in share units. In the case of fractional shares, closing orders may be entered in the fractional share quantity.
How do I close fractional mutual fund shares?
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Can I transfer fractional shares via ACATS?
Can I elect to receive mutual fund dividends in the form of cash?
Are fractional shares eligible for the Dividend Reinvestment Program (DRIP)?
Can I exchange one of my mutual fund positions for a different one?