The US dollar as already fallen a fair distance. Now it will probably rebound for a while. So, I would advise waiting a few months to get a better price. I figure the dollar might come back about 15% or so.

I hold this fund now, and its distributions are pretty anemic, but its up because the dollar weakened. (I bought in 2005.) I am thinking of selling - need to check the tax situation first.

I agree with the concept of buying this sort of fund to short the dollar, but there may be better stocks to do it with that pay better divvies.