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Just uncovered this ETF: IDV

IDV. For the dividends. Those divs are quite variable, after checking. But juicy. These are foreign stocks. Heavy on utilities and financials.

https://www.morningstar.com/etfs/bats/idv/quote

Comments

  • Many foreign funds have the PFIC issues and IDV is no exception, https://www.ishares.com/us/literature/tax-information/pfic-2021.pdf

    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.
  • How does SCHY compare in this segment?
  • Many foreign funds have the PFIC issues and IDV is no exception, https://www.ishares.com/us/literature/tax-information/pfic-2021.pdf

    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. ;)
  • carew388 said:

    How does SCHY compare in this segment?

    SCHY. + YTD 0.23%. .........It's very young.
    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.
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