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Strategies & Market Trends : High Yield Investing - CEF's -- Ignore unavailable to you. Want to Upgrade?


To: Markbn who wrote (130)1/10/2022 12:37:54 PM
From: jritz01 Recommendation

Recommended By
Markbn

  Read Replies (1) | Respond to of 245
 
RE: EXD

I hold EXD and added to it as recently as last Nov 23. You have the story correct. It should also be tax friendly to investors as well. They will probably continue pay a lot of distributions as ROC from their previous iteration which can be a tax advantage in taxable accounts. I hold mine in IRAs.

Doug Albo also picked it for his top pick in 2022 if you respect his opinion. seekingalpha.com



To: Markbn who wrote (130)1/10/2022 3:26:34 PM
From: chowder2 Recommendations

Recommended By
Markbn
red cardinal

  Read Replies (1) | Respond to 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.