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JUST BOUGHT 500 MTP TODAY 17DEC2007. THE DIVIDEND IS OVER 8% MOST OF WHICH IS SHELTERED. WHAT IS NICE ABOUT THIS CLOSED END FUND IS THAT IT DOES NOT GENERATE A K-1 SO THIS DOES NOT MAKE FILING YOUR TAX RETURN MORE COMPLICATED. HOWEVER YOU DO GET MOST OF THE BENEFITS OF A K-1 TYPE STOCK IN THAT MOST OF THE DIVIDEND IF NOT ALL OF IT IS SHELTERED.
Sentiment : Strong Buy Rating :
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69/Male |
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