If one used lexcx as an investing vehicle. It never sells or buys new shares to be included in its stable of stocks. Barring ones own activity in purchase or sales. If this stock was buy and hold would capital gains taxes occur yearly as in some mutual funds? Is it a good share to hold in a general brokerage account as little or no capital gains taxes occur. This I am not sure of this?
It is an investment trust with zero turnover .It has been around for at least 75 years.
Neko
PS I might not have said it correctly what I want to find out
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.