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Strategies & Market Trends : High Yield Investing - CEF's

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Markbn

red cardinal

To: Markbn who wrote (130)	1/10/2022 3:26:34 PM
From: chowder	2 Recommendations Read Replies (1) of 245

Re: EXD ... I added to EXD today. EXD was a completely different fund at one point that led to poor performance. Therefore, the historical performance of this fund is less important than others because of the changes it implemented in 2019. On February 8th, 2019, these changes took place with an investment policy change and a name change. It completely changed the way the fund invested. The Fund evaluates returns on an after-tax basis and seeks to minimize and defer federal income taxes incurred by shareholders in connection with their investment in the Fund, so it is best held in a taxable account.

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