Thanks for the easy comparisons. Agree with your observations and conclusions, esp regarding appropriate mainly for tax sheltered retirement accounts. Wondering if anyone besides myself is uncomfortable with 19 proposals by fund trustees that appear to fundamentally change the way the fund conducts its business? Among the worrisome proposals: fund will be allowed to concentrate up to 10% of assets in one security, fund's Truistees and officers can personally own 5% of the shares of a stock the fund is buying (Greed Gone Wild), Fund can get involved in proxy fights and take control of a company, use leverage.....the only thing they did not propose is changing the name to the Fund Formerly Known as Merger Fund! I'm selling, thank you, and looking into your other fund ideas!