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Basically, rules for the US funds to hold physical assets (real estate/property, bullion, etc) are different from those for foreign funds. So, to make things even, there are US PFIC regulations. These require that unrealized gains related to physical assets flow through earnings/income and some related realized losses also be distributed. THAT makes distributions variable for the US investors.
Basically, rules for the US funds to hold physical assets (real estate/property, bullion, etc) are different from those for foreign funds. So, to make things even, there are US PFIC regulations. These require that unrealized gains related to physical assets flow through earnings/income and some related realized losses also be distributed. THAT makes distributions variable for the US investors.
Thanks, Yogi. I just learned another lesson in how incredibly crazy, arcane, complicated and stoopid the US Tax Code is.
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Basically, rules for the US funds to hold physical assets (real estate/property, bullion, etc) are different from those for foreign funds. So, to make things even, there are US PFIC regulations. These require that unrealized gains related to physical assets flow through earnings/income and some related realized losses also be distributed. THAT makes distributions variable for the US investors.
I see divs for June and Dec (2 of them) in 2021.
https://www.morningstar.com/etfs/arcx/schy/performance
IDV is a quarterly payer.