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pete807

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pete807

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Re: None

Tuesday, 10/30/2018 3:59:24 PM

Tuesday, October 30, 2018 3:59:24 PM

Post# of 876
We went ex distribution this morning and did well today recovering the mandatory deduction at the open. The distribution of .4325 was baked in to the opening price. Long term hold buyers are telling us it is not about the distribution they will miss on todays units purchased. Looks like we are going to end ahead more than the distribution. A sign of a company's strength.

The distributions are mostly not taxed and the stepped up basis erases cap gains on inheritance. K1 reporting is simpler these days with information on line.

-pete

"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-

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