TheShadow and TheGainTrain (and others) - you are really good at getting this information! And... you are including some fund families I am not including on CapGainsValet.com (mostly due to the firm size limits I set originally). I will give a shout out to this group and MFO in my CGV News. Excellent research work! I am up to 135 firms that have posted their 2014 cap gains estimates.

Not directly related to U.S. healthcare, I am sure many here are aware of the foreign health centers that have come into place in the past 10-12 years, in particular with India and Thailand.
This is a new entry that I have watched for the past two years; although there isn't any investment potential directly related the hospital, as it is private.
Acension Health/Caymans
Ascension is a full blown, very sophisticated total health care organization involved in all areas of the business from venture capital startups to insurance and is a non-profit, Catholic based group.
Regards,
Catch

I swapped it a year or so ago for DSENX and haven't looked back. Aside from the expense ratio, the managers are running more and more assets under this strategy in different funds, so I doubt they'll maintain their past outperformance. And a cheaper, balanced fund such as the ones you list, brightorange, would probably do well too.
That said, it's hard to argue with RNCOX's performance -- you certainly shouldn't be feeling any regret over this investment and if you decide to hold it, perhaps to avoid capital gains, you're probably okay.

FYI: In early October, as share prices wobbled, I had high hopes that U.S. stocks would plummet to attractive levels. Instead, shares have shot higher, adding to the rip-roaring bull market that has seen stocks triple since March 20.
The long rally has done wonders for my portfolio’s value. But it also means stocks are now more richly valued—and expected returns are lower. Unless you never again plan to add to your stock portfolio, you should have mixed feelings about the market’s heady gains.
Regards,
Ted
http://online.wsj.com/articles/why-we-need-stock-prices-to-fall-25-1416100637?KEYWORDS=jonathan+clements

Does anyone own RNCOX (River North Core Op?)
I have owned it for 3 years and am trying to decide if I should fold it into another fund. I am consolidating and was considering putting it into PRWCX (T Rowe Price Capital Appreciation) , or FPACX(FPA Crescent). I currently already own all three funds.
One of my concerns with RNCOX is the cost of owning it. The expense ratio is 2.22%

Does anyone own RNCOX (River North Core Op?)
I have owned it for 3 years and am trying to decide if I should fold it into another fund. I am consolidating and was considering putting it into PRWCX (T Rowe Price Capital Appreciation) , or FPACX(FPA Crescent). I currently already own all three funds.
One of my concerns with RNCOX is the costs of owning it. The expense ratio is 2.22%

Brown Capital Management
http://browncapital.com/sites/default/files/2014_estimated_distribution_template.pdf

FYI: A guard, in suit and tie, asks me to pop the trunk of my rent car. Then I can enter the underground parking lot of a tall building in downtown LA. Upstairs, another guard confirms my appointment. Soon I am admitted to the elevator banks that will take me to the 53rd floor. This is the headquarters of Capital Research and Management. It is the third largest fund complex, with $1.25 trillion under management. But most people know it as the American Funds group.
I’ve come to speak with two researchers from the firm, Thomas Lloyd and Stephen Deschenes. They directed two fascinating research studies. The first demonstrates that the equity-focused funds managed by Capital Research have beaten their target index most of the time. For decades.
Regards,
Ted
http://assetbuilder.com/scott_burns/beating_the_index
Expect More From The Core: https://www.americanfunds.com/individual/insights/investment-insights/expect-more-active-core.html

@MFO Members: On July 17, 1995, the index closed above the 1,000 mark for the first time. It made steady gains in the following years to reach 2,000 points by 1998, then began to accelerate significantly. This process mushroomed in late 1999 amid concerns that businesses would require massive technology replacement to achieve Y2K compatibility, allowing the index to close that year at 4,069.31 points. On March 10, 2000, the index finally peaked at an intra-day high of 5,132.52,[1] and closed at an all-time high of 5,048.62. The decline from this peak signalled the beginning of the dot-com bubble burst.
Regards,
Ted
Source: From Wikipedia

Walthausen Funds
http://www.walthausenfunds.com/index.asp
Vulcan Value Partners
http://vulcanvaluepartners.com/uploads/file/14_09_30/MF Estimated Cap Gains 2014.pdf
Jensen Quality Value Fund
https://www.jenseninvestment.com/files/1014/1582/9216/2014_Jensen_Quality_Value_Fund_Cap_Gains_Estimate.pdf
Hennessy Funds
http://hennessyfunds.com/capital_gains_and_distributions/content/2013_distributions.fs
Mirae Asset Discovery Funds
http://investments.miraeasset.us/files/5114/1415/7727/2014-cap-gains-estimated.pdf
Castle Investment Management
http://www.castleim.com/2014-capital-gains-estimates/
Kopernick Global All Cap Fund
http://kopernikglobal.com/sites/default/files/GAC 2014 Cap Gain Distribution Estimates_0.pdf
Cambiar Funds
http://www.cambiar.com/cms_images/file_310.pdf

Absolutely, but I have some funds In IRA's where transaction fees apply and distributions have no fee.

@ron
Unfortunately, mutual fund distributions are no windfall. In an IRA, fund distributions are neutral because the fund's NAV drops by the amount that is distributed (a $20 NAV turns into $5 cash and $15 NAV or if reinvested into $5 in new shares and $15 NAV). There are a number of sites that explain this concept well. You may want to check out: https://americanfunds.com/funds/effect-capital-gain.html

hi hank, manager research is the main driver of any active fund allocation -- regardless whether traditional or alternative. one either indexes, or goes with a solid manager whose style is understandable and stays with the manager during periods of under-performance (which everyone will have) unless the view of that manager has changed. again, this is true to any active fund. FAIRX is a good example. it's a(n) (extreme) illustration how long only equity manager deviates from the crowd and/or any benchmark.
when you hire a manager, read the offering documents of the vehicle. if the manager has freedom to go between asset classes and tools, you really need to believe he has a track record or at least knows what he is doing.
personally, i am not investing in any of the new liquid alternatives funds. i haven't completed my own due diligence and am yet to see how it would fit in my portfolio. i am using closed-end funds for some of the hedge fund like credit strategies as the closed end structure is not subject to capital flows and allows for more illiquid instruments. i don't think that alternatives and daily liquidity is a good fit - but that's my personal opinion. best wishes. fa

Well ... Ted:
Perhaps, there will be new leadership, within the sectors, for 2015 ... Seems, the defensive sectors of health care, consumer staple and utilities have been the three big winners thus far for 2014. Not surprised ... as they generate good yield ... and, most folks today want a good yield. Look at some of the large cap tech's that have started to pay dividneds. Years back they would never have done this, with perhaps, the exception being IBM.
My late father use to remind me often that yield generating stocks may go out of favor from time-to-time but they want go stale like the others. And, when the market pulls back they will still be around paying you a dividend where you can find patience awaiting the turn around. In capital appreciation ... Well, you might be looking with your hand extended for some time hoping some crums might come your way. With this, my family's portfolios have been built around diverisfied income generation for years with a goodly amount to the dividend paying stocks over fixed income.
And, so it goes ...
Old_Skeet

FYI: The S&P 500 is up a shade more than 10% for the year. If it can hold those gains – and the market is already in Santa-Claus rally mode – then that would mark three consecutive years of double-digit percentage growth. But one look at the sector breakdown should give the bulls pause.
Regards,
Ted
http://blogs.wsj.com/moneybeat/2014/11/13/morning-moneybeat-a-utilitarian-stock-rally/tab/print/
Sector Tracker: Click On YTD: http://www.sectorspdr.com/sectorspdr/tools/sector-tracker
Current Futures Looking Good: http://finviz.com/futures.ashx

BBH Funds
http://www.bbhfunds.com/wps/wcm/connect/bd5929004630ab3c8095e2c870621867/BBH+Funds+2014++Estimated+Year-End+Distribution.pdf?MOD=AJPERES&=true&id=1415891007859
AQR Funds
https://www.aqr.com/who-we-are/know-more/aqr-funds-announces-estimated-2014-capital-gains-distributions
Touchstone
http://www.touchstoneinvestments.com/documents/pdf/TSF618.pdf

FYI: The rates that utilities charge customers and the profits the providers of water and power can make are highly regulated, but utilities' stock gains have pushed the funds that focus on them to the No. 3 performing sector in the past 15 years as well as year to date.
A $10,000 investment in the average utility mutual fund on Sept. 30, 1999, would have grown to $28,940 by Nov. 10 this year, according to Morningstar Inc data.
Regards,
Ted
http://license.icopyright.net/user/viewFreeUse.act?fuid=MTg2NTQxMzA=
Enlarged Graphic: http://news.investors.com/photopopup.aspx?path=WEBlv111214.gif&docId=726052&xmpSource=&width=1000&height=1063&caption=&id=726044

There's a structural difference between CEF and GLD which makes their tax treatments very different.
As you noted, CEF should qualify as a qualified electing fund (QEF). Basically, it gets treated as a closed end fund that just happens to own precious metals. So it gets the usual cap gains treatment.
On the other hand, GLD is structured as a grantor trust, meaning that the shares represent proportional ownership of the actual gold (and not shares of a company that happens to have gold as its only asset). Since you own the gold, any gains you recognize will be subject to collectibles tax, not cap gains tax. That's generally 28%, and a good reason not to own it in a taxable account.
http://www.etf.com/sections/features/21952-structure-matters-how-gold-fund-gld-works.html?fullart=1&start=3
The last question on that page deals with the taxation of GLD. It also addresses the original question in this thread:
Until 1997 gold was treated as a collectible. You cannot own collectibles in an IRA. Thus you could not own something like GLD in an IRA. Since 1997, gold bullion products are treated as investments, not collectibles, for IRA purposes. So you're allowed to own them in an IRA. (But you still can't own gold jewelry in an IRA.)

Vanguard Funds
https://personal.vanguard.com/us/insights/article/preliminary-capital-gains-112014

Might also be old news, but this fund offers another alt opportunity.Have not found it available @ regular brokerage outlets or load waived yet.Good start since Oct 1 start.
MPS Thomson Reuters Venture Capital Mutual Fund
A different way to access venture capital
The MPS Thomson Reuters Venture Capital Fund is a passively-managed 1940 Act open-end mutual fund benchmarked to the Thomson Reuters Venture Capital Index, an index designed to track the performance of the U.S. venture capital industry.
http://mpsfunds.com
http://quotes.morningstar.com/fund/f?t=MAVCX&region=usa&culture=en-US

@ron
Unfortunately, mutual fund distributions are no windfall. In an IRA, fund distributions are neutral because the fund's NAV drops by the amount that is distributed (a $20 NAV turns into $5 cash and $15 NAV or if reinvested into $5 in new shares and $15 NAV). There are a number of sites that explain this concept well. You may want to check out: https://americanfunds.com/funds/effect-capital-gain.html