Distribution Estimates April 2010 (MTD) Year-to-date (YTD) ------------------- ------------------- Per Percentage Per Percentage Share of Current Share of Current (Sources) Amount Distribution Amount Distribution ------- ----------- ------- ----------- Net Investment Income $ 0.006 17.2% $ 0.012 12.1% ------- ----------- ------- ----------- Net Realized Short-Term Capital Gains 0.011 31.8% 0.021 20.2% ------- ----------- ------- ----------- Net Realized Long-Term Capital Gains - 0.0% - 0.0% ------- ----------- ------- ----------- Return of Capital (or other Capital Source) 0.017 51.0% 0.069 67.7% ------- ----------- ------- ----------- Total Distribution $ 0.034 100.0% $ 0.102 100.0% ------- ----------- ------- -----------
Fund has a plan to return 10% of the funds net asset value on an annualized basis. This 10% could just be a return of your CAPITAL and not a true dividend.
Getting a dividend which is a portion of capital increase is more what we are looking for.
Notice that the stock has dropped from $10.00 initial investement to $3.91 over 20 years shows that it is for the most part just returning your investment.