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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (36014)11/12/1998 4:21:00 PM
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Explain GF today. XD by 3.66!? Similarly GER. Is that normal. What in the world do they do, liquidate 1/4 of their portfolio to pay the dividend? Does this relate at all to your phony rights offering stuff, i.e. are they coincident in time. Seems like a huge dividend to me.

It appears that like an open end fund they pass out gains. Do they have to? What is point? In an open end fund you have the option of reinvesting distributions. Please opine on this matter.
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