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Re: biotech18 post# 767

Tuesday, 08/02/2022 8:37:22 AM

Tuesday, August 02, 2022 8:37:22 AM

Post# of 870
Purchase date is recorded. Settlement does not matter in regards to the distribution. Settlement is one or two days later.

EPD went ex July 28th so a purchase after on the 29th whenever the funds are "settled"..... the distribtution goes to the seller. As you explained.

Distributions are "return of capital" and not taxed like dividends as ordinary income.

Master Limited Partnerships reward their investors with distributions.

Over 1200 institutions have money invested here.

-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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