SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: robert b furman who wrote (70737)7/24/2022 10:54:16 AM
From: Paul Senior  Read Replies (1) of 78958
 
"Not flashy or multi baggers, but a great place to park money and get 7% yield with some of it being tax free."

Well for that, I might go with KYN (or similar). (I've no position in KYN.). Also no K-1 with KYN, larger payout. KMI/Williams are gas/LNG centered which is most of popular now, I guess. KYN an infrastructure fund, more diversified. Approx 80% of dividend is classified as return of capital (tax shelter). Otoh, in past, with my experience with KMI/others, I'm suspicious now when companies say return-of-capital, and what is effectively happening is that they increase debt while giving you your own money back this way so as to juice the distribution. Perhaps that's all in the past.

kaynefunds.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext