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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: QTI on SI who wrote (21655)	10/28/2025 7:03:16 AM
From: jritz0	4 Recommendations Recommended By chowder QTI on SI Ridgelander Tam3262 Read Replies (1) \| Respond to of 21712

I look at RoC in relationship to a car as driving a hybrid and RoC is when you are in electric mode, it's economical. The bottom line is it keeps more money in your pocket. I monitor every CEF I own, I don't want to own any fund where the NAV goes from top left to bottom right. I own many ETFs that purposely pay RoC, it is part of their design to be tax friendly; QDPL, most of NEOS's funds, too many to count. NBXG raised their distribution 20% recently and if they keep performing as they have the discount will disappear. Another thing going for NBXG is it is a term trust that could end in 2033. Their discount has been shrinking and I believe it will continue to do so as long as this market continues to cooperate. See the graph below. "PPS: I think, the bigger issue with RoC-paying funds is vigilance. You can’t set and forget them imo. You have to actively monitor coverage and NAV trend to ensure today’s constructive RoC doesn’t quietly morph into tomorrow’s destructive one. That's a bigger issue for me personally." All CEFs require vigilance in my humble opinion, even ADX which went to a managed distribution policy last year which may affect their tax classifications in the future. I enjoyed the exchange and respect your opinion, we just have different preferences when it comes to researching CEFs.

To: QTI on SI who wrote (21655)	10/28/2025 12:27:11 PM
From: Max2.0	Read Replies (1) \| Respond to of 21712

I gave careful consideration to Jfritz's earlier points about NBXG and ROC. This CEF does seem to be doing quite well among its peers in Growth Buy-Write CEF funds. These funds are similar in that they have verry little NII coverage of the distribution. In NBXG's case it is negative per SSD. This fund is relatively and we do not know with certainty because we haven't had a sustained bear market under its watch. I am guessing that this fund should do well in Bull, Flat and even slightly downward market. In sustained bear market, I figure NBXG will have a rough time paying its distribution without cannibalizing its NAV.