The losses could offset the tax bill on future gains, she said.
Some investors caution that the Fed doesn't focus on whether the market is up or down.
An agency proposal to overhaul fund share pricing has provoked opposition from money managers.
Just more than one-third of converted funds have posted net outflows since they made the switch.
The new structure ports the famous tax efficiency of an ETF into a mutual fund.
She again reiterated a forecast that Bitcoin will top $1 million per coin in the next decade.
Earnings may soon replace inflation data and Fed meetings as the biggest concern among investors.
JPMorgan's asset management arm filed to convert four more mutual funds.
The data showed prices rose less than forecast.
Dividend ETFs are notching relentless inflows as traders take refuge.
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