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<title><![CDATA[PowerShares DB G10 Currency Harvest (DBV)]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/forumview?bn=61118</link>
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<title><![CDATA[Re: Some other good Dividend plays]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=64&amp;mid=65&amp;tof=1&amp;off=1</link>
<description><![CDATA[Be careful!    DGF seems to be a managed-payout closed-end fund.   According to CEFA, they generate about 4% in income and pay out 12% in dividends!   The extra 8% looks like ROC (Return of Capital).   In other words, they give you the illusion of rich dividends, but you pay for it with a steadily deteriorating stock price.   Lately that's been masked because of the recent market run-up we've had since March, but in a steady or slipping market, you'll get hammered. 
    If you look into Closed End Funds you'll see that many market themselves that way to small investors who think they're getting a great deal on yield, but they're not.
    Look for Yield?    Try MO or ED, PFE, BP or PGH.   Slightly more risky:   ANH, NLY, LINE.    Buy in slowly bit by bit, increase on dips, and use stop-loss.    (I own all the above.)
    BEWARE closed end funds unless you KNOW what you're doing!   There can be good deals out there -- but that pit is full of snakes.
      Good luck.      ..mr.yadayada]]></description>
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<pubDate>Sat, 07 Nov 2009 05:45:12 GMT</pubDate>
<author><![CDATA[mr.yadayada]]></author>
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<title><![CDATA[Some other good Dividend plays]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=64&amp;mid=64&amp;tof=2&amp;off=1</link>
<description><![CDATA[I'm just now buying DBV. Good proven concept behind it.

I found some other good ideas for income here=
<a href="http://paymedividends.blogspot.com/" rel="nofollow">http://paymedividends.blogspot.com/</a>

If you have any income ideas or good links please post them.

thanks]]></description>
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<pubDate>Sat, 07 Nov 2009 05:45:12 GMT</pubDate>
<author><![CDATA[dividend_investor]]></author>
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<title><![CDATA[taxes again]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=63&amp;mid=63&amp;tof=3&amp;off=1</link>
<description><![CDATA[good info on this board!      Is the bottom line that this product (DBV) can be held in IRA accts without difficulty /?    (vs taxable acct)]]></description>
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<pubDate>Sat, 12 Sep 2009 06:38:31 GMT</pubDate>
<author><![CDATA[helllfarm]]></author>
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<title><![CDATA[Re: Hose Job on the Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=18&amp;mid=60&amp;tof=4&amp;off=1</link>
<description><![CDATA[if you play the call options, the tax issues will not be complecated.]]></description>
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<pubDate>Wed, 29 Apr 2009 02:39:35 GMT</pubDate>
<author><![CDATA[cfy2011]]></author>
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<title><![CDATA[Re: Hose Job on the Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=18&amp;mid=59&amp;tof=5&amp;off=1</link>
<description><![CDATA[I update this post based on 2008 tax year.

I held DBV for the whole year. It generated various income and loss in the carry trades; there was a small overall reported gain. This is ultimately distributed in the 'dividend', which is actually return of capital This can be offset against the basis amount on your tax return. The bottom line is you don't pay any tax on it.

More importantly, the entire balence is subject to mark-market treatment. It means that the capital amount is priced to the market price on Dec. 31st. In 2008, this generated a large paper loss of ~30% on capital. The loss is written down against the basis amount. The writedown can be carried back up to 3 years to offset prior year gains in the basis. You cannot take the basis below zero. To recover the taxes on unrealized gains in the 3 prior years, you can refile the prior year(s) tax return! Of course, it is not free to do that if you use an accountant.

Each year, the same happens. So some years you will pay tax on unrealized gains, and other years you can recover taxes on unrealized losses. It is a lot of extra work because of the need to potentially refile prior year taxes.

Meanwhile, the fund returns generated cash through the dividends. This is considered as return of capital and not subject to taxation.

Theoretically ,in the distant future, the fund has returned all your invested capital, and mark-market should have netted out to some non-zero value. Then, when you sell the holding, the whole market value of the asset is considered as capital gain.

Bottom line is the handling of taxes in DBV is very complex. It is a 'business', and you are a 'limited partner'. Your business expenses are offset against capital. That includes your share of taxes with the corporation must pay. Your profits are distributed as return of capital up to the basis amount. Capital gain above the basis are subject to capital gains tax.]]></description>
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<pubDate>Thu, 26 Mar 2009 18:48:25 GMT</pubDate>
<author><![CDATA[auld_99]]></author>
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<title><![CDATA[Re: Unwinding Carry Trades]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=51&amp;mid=58&amp;tof=6&amp;off=1</link>
<description><![CDATA[Anyone still here ??    Here we go - this is the ride I, unfortunately, knew would come one day...   The dollar is on it's way down. The governments WANTS inflation and effectively devalued the dollar yesterday with their announcement to buy treasuries.Check out my site:<a href="http://antithisestablishment.com" rel="nofollow">http://antithisestablishment.com</a> and read my blog. Input pro or con my views are encouraged. Inform yourself and understand how we are being shorted by our government's printing press.   Watch commodity prices rise in relation to the dollar and our own purchasing power diminish.   Urge your government officials to stop this nonsense immediately.   Our future and the future of our entire economy is at stake.]]></description>
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<pubDate>Fri, 20 Mar 2009 05:01:57 GMT</pubDate>
<author><![CDATA[yspud]]></author>
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<title><![CDATA[Re: Do NOT Buy in Taxable Acct]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=56&amp;mid=57&amp;tof=7&amp;off=1</link>
<description><![CDATA[Thanks for posting this info. This is very helpful.]]></description>
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<pubDate>Thu, 19 Mar 2009 17:48:01 GMT</pubDate>
<author><![CDATA[pkammit]]></author>
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<title><![CDATA[Do NOT Buy in Taxable Acct]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=56&amp;mid=56&amp;tof=8&amp;off=1</link>
<description><![CDATA[Even though I sold this thing, I still got a confusing K-1 form to add to the complexity of my taxes.   Apparently when you own this, you are part of a limited partnership.   Because of this, it seems you get taxed on interest that you do not actually receive.   Maybe you can add the fake interest to your cost basis when you sell.   There is a worksheet for this in the K-1 instructions, but it is not very clear.

I am just happy to be rid of this, and I strongly recommend that people do NOT buy this in a taxable account.

The tax code is a monstrosity and needs to be nuked.   Will our elected officials ever fix this mess?]]></description>
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<pubDate>Thu, 19 Mar 2009 17:48:01 GMT</pubDate>
<author><![CDATA[originalfred66b]]></author>
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<title><![CDATA[Re: Unwinding Carry Trades]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=51&amp;mid=55&amp;tof=9&amp;off=1</link>
<description><![CDATA[Well it's time to buy more - cost average into this one.   Also, you should be buying this in your tax exempt 401K's or SEP's avoiding any tax issues.. You say it's moved down with the market which is true - but it's not really moved down 'with the market' - it's moved down with the strength of the dollar and yen.   You will see this is a great play soon - look at what is happening to the Yen - massive move down today (good for DBV).    I believe our government will also destroy the US dollar as well - just give them some more time. If you bought this 2 years ago, you are sitting at about a $25/share position.   Park your free cash here (and gold) and you will be rewarded.. just don't leave your free cash in US dollars anymore.   Let our government print money at a rate far and above anyone else to support our house of card economy and devalue our dollars.   You will sit back and smile because you are earning a nice distribution from DBV while holding strong currencies and retaining your purchasing power.]]></description>
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<pubDate>Fri, 20 Mar 2009 05:01:57 GMT</pubDate>
<author><![CDATA[yspud]]></author>
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<title><![CDATA[Re: Unwinding Carry Trades]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=51&amp;mid=54&amp;tof=10&amp;off=1</link>
<description><![CDATA[Oops ...I meant DBV, not DRF (which I also own, and have suffered with).]]></description>
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<pubDate>Thu, 05 Feb 2009 15:32:42 GMT</pubDate>
<author><![CDATA[mits_india]]></author>
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<title><![CDATA[Re: Unwinding Carry Trades]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=51&amp;mid=53&amp;tof=11&amp;off=1</link>
<description><![CDATA[I've heard that DRF causes tax headaches (I'll face mine this year). Agree with CanadianClown that It is likely yet another scheme to enrich the bank at our expense.]]></description>
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<pubDate>Thu, 05 Feb 2009 15:32:41 GMT</pubDate>
<author><![CDATA[mits_india]]></author>
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<title><![CDATA[Re: Unwinding Carry Trades]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=51&amp;mid=52&amp;tof=12&amp;off=1</link>
<description><![CDATA[Thats why I bought it, a couple of years ago. Since then it has just moved down with the market, I really thought it would be more uncorrelated.   I also wonder why there werent more and higher dividends.   So far its been a mistake. It seems no matter what you buy they all seem to just go down, I am coming to the conclusion that the whole market is just a scheme to enrich ceos and wall street types.]]></description>
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<pubDate>Fri, 06 Feb 2009 01:40:01 GMT</pubDate>
<author><![CDATA[canadianclown]]></author>
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<title><![CDATA[Unwinding Carry Trades]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=51&amp;mid=51&amp;tof=13&amp;off=1</link>
<description><![CDATA[Anyone having interest in this lately.   I am liking more and more the carry trades - especially getting out of USD and the YEN versus the Aussie dollar and the NZD.   The reason this fund took a dive was because of the unexpected flight to 'quality' of the USD/YEN - which WILL unwind.   I see a big breakout as the US continues to print money and create a weaker dollar (the government seems hell bent on weakening our currency).   This seems to be an ideal investment along with gold to get out of cash.   Thoughts ?]]></description>
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<pubDate>Fri, 20 Mar 2009 05:01:57 GMT</pubDate>
<author><![CDATA[yspud]]></author>
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<title><![CDATA[Re: Sold this junk]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=45&amp;mid=50&amp;tof=14&amp;off=1</link>
<description><![CDATA[All this fund does is borrow in low yielding currencies and get long the high yielding currencies. As the spread between the high yielding currencies between the low yielders has decreased, the fund has gone down. This ETF is the carry trade, and the carry trade is done for a few years now as central banks fall back to low interest rates.

This isn't done going down.]]></description>
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<pubDate>Mon, 19 Jan 2009 02:46:20 GMT</pubDate>
<author><![CDATA[tommyleesd2003]]></author>
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<title><![CDATA[Re: Sold this junk]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=45&amp;mid=49&amp;tof=15&amp;off=1</link>
<description><![CDATA[It is due to the current global markets and everyones dollar is falling in the present.

I would look toward PowerShares Coal, Precious Metals, and Agriculture longterm.

keep in mind, you didn't lose really because now you can utilize the funds in the appropriate places which will far exceed even if you had broken even prior.

Good fortunes-]]></description>
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<pubDate>Sat, 17 Jan 2009 12:01:29 GMT</pubDate>
<author><![CDATA[toddhawley]]></author>
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<title><![CDATA[Re: Sold this junk]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=45&amp;mid=48&amp;tof=16&amp;off=1</link>
<description><![CDATA[I AM holding because it seems to me they can't be so consistently WRONG on what is a 'strong currency'.   The theory sounded right to me, so I've been here, trying to diversify from the USD. There seems to be no good asset class, just some a little less terrible than others, perhaps.]]></description>
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<pubDate>Mon, 19 Jan 2009 02:46:20 GMT</pubDate>
<author><![CDATA[ppittman2]]></author>
</item><item>
<title><![CDATA[Re: Sold this junk]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=45&amp;mid=47&amp;tof=17&amp;off=1</link>
<description><![CDATA[ppittman2, thank you for the response.   I was wondering if anyone else was here.

I am very happy to be rid of this fund; however, I do not think it will go down forever.   The credit crisis has created an artificial rally in the Dollar and the Yen.   The carry trades are collapsing.

This situation will not last forever, and currency values will eventually be based on fundamentals again.   This usually happens within 6 months of a credit crisis, but being that this was the biggest credit bubble in history, it could take longer.]]></description>
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<pubDate>Fri, 31 Oct 2008 17:34:28 GMT</pubDate>
<author><![CDATA[originalfred66b]]></author>
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<title><![CDATA[Re: Sold this junk]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=45&amp;mid=46&amp;tof=18&amp;off=1</link>
<description><![CDATA[You should be feeling brilliant now, by contrast.   You did good.]]></description>
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<pubDate>Tue, 28 Oct 2008 13:10:13 GMT</pubDate>
<author><![CDATA[ppittman2]]></author>
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<title><![CDATA[Sold this junk]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=45&amp;mid=45&amp;tof=19&amp;off=1</link>
<description><![CDATA[After a year of suffering with this junk, all I have to show for it is some confusing tax forms and a 14% loss.   This was supposed to be a safe, dollar neutral currency fund with a magic formula for returns.   Instead it proved to be a guaranteed loser.

It serves me right for trusting in back tested formulas for returns.   Back tested programs work great on the past but often fail in the future.   The market is always changing and adapting.

For anyone still holding this dog, I wish you well.   In fact, my sale probably marks the bottom, so I am not encouraging anyone else to sell.]]></description>
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<pubDate>Mon, 19 Jan 2009 02:46:20 GMT</pubDate>
<author><![CDATA[originalfred66b]]></author>
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<title><![CDATA[DBV: Activating brain region]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=44&amp;mid=44&amp;tof=20&amp;off=1</link>
<description><![CDATA[Trading flow research has opened my eyes to trading with awareness! I see clearly that my previous small success was based on luck and hopes. Thanks for making these tools and knowledge available. Love to uncover some of the market’s most powerful moves before they materialize. 

From this report I can tell you that right now DBV have a speculative negative divergency money flow with a negative tendency. GBM and SPY have the highest money flow right now, and DBV is the #7. On Monday DBV has 315%   more seller orders   and 93%   more buy on Friday. An interpretation of the numbers indicates that to every 100 shares Buy order there was opposed 415 shares Sell order. 

Those who want to create automatic conditioned responses to be consistent in trading must check this link   <a href=http://yatuc.com/22h>http://yatuc.com/22h</a>]]></description>
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<pubDate>Tue, 09 Sep 2008 00:59:35 GMT</pubDate>
<author><![CDATA[jtmaples7237]]></author>
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<title><![CDATA[Re: Where is the harvest?]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=40&amp;mid=42&amp;tof=21&amp;off=1</link>
<description><![CDATA[Part of the reason I bought this fund is because I thought it would be Dollar neutral.   After owning it for a year, I realize I was only partly correct.   This fund goes down when the Dollar goes down, and it goes down when the Dollar goes up.   So, yes, the fund does move independent of the Dollar.   Unfortunately, it only moves down.

On the positive side, what the fund lacks in performance, it makes up for with confusing tax forms!]]></description>
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<pubDate>Fri, 05 Sep 2008 12:21:29 GMT</pubDate>
<author><![CDATA[originalfred66b]]></author>
</item><item>
<title><![CDATA[Re: Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=10&amp;mid=41&amp;tof=22&amp;off=1</link>
<description><![CDATA[Regarding the $1000 threshold (box 1 on the K1) mentioned by froggy, can I expect to stay under the $1000 threshold if I have only 200 shares?
Thanks in advance.]]></description>
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<pubDate>Tue, 02 Sep 2008 14:46:37 GMT</pubDate>
<author><![CDATA[netizensunite]]></author>
</item><item>
<title><![CDATA[Where is the harvest?]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=40&amp;mid=40&amp;tof=23&amp;off=1</link>
<description><![CDATA[I have been in this dog for almost a year, and I have not "harvested" anything except losses and confusing tax forms.

The money market is looking better and better.]]></description>
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<pubDate>Fri, 05 Sep 2008 12:21:29 GMT</pubDate>
<author><![CDATA[originalfred66b]]></author>
</item><item>
<title><![CDATA[Re: Hose Job on the Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=18&amp;mid=23&amp;tof=24&amp;off=1</link>
<description><![CDATA[It is difficult to see how the 'dividend' (return of capital) can ever offset the taxes on the internal interest plus swap trades for DBV.

If you look at the 10K for 2007 the dividend is almost equal to the free cash flow. I think this is legal requirement of the public limited partnership. However, the free cash flow is impacted by mark-market treatment of unrealized gains. They show as a gain on the K-1, even though they are not liquid assests and generate no actual cash (and hence no return of capital).

Since the whole point of DBV is to generate incremental return from the currency futures, at any time a portion of the funds assets will be held in unrealized gains (or losses) and therefore be subject to the mark-market treatment. So assuming that the fund is doing OK, and generating unrealized gains, you will have to pay tax on your share of the unrealized gains every year.

The limited partners (you and I) must report these unrealized gains as income (from line 11 of the K-1). They are taxed at the combined federal and state income tax rate.

Note that on the K-1, the 'profits', including the hypothetical profit from unrealized gains, are shown in box L to adjust the partners capital account. In other words, the unrealized gains are increasing the per-unit price of DBV. In fact, the only factor which drives DBV unit price up is the accumulation of unrealized gains. This is the very money that you will have to pay tax on every year. So basically, the structure of DBV is causing annual taxation of unrealized gains at the expense of taxation of future capital gains. 

It is very bad for taxable accounts; you are swapping 15% capital gains rate for (in my case) 40+% combined state and federal personal income tax rate.

Now assume that things are not going so well and the fund generates losses. Since it is a PTP, the losses cannot be offset against gains in other investments. You can only offset against future gains in DBV. If you ever liquidate DBV at a loss, the capital loss, plus the taxes paid on the unrealized gains, are gone for ever.

I used to think that DBV was a nice diversification vehicle, but now I think it is most unsuitable for a taxable account. The additional gains from exposure to the currency market don't seem to be enough to offset the annual taxation of unrealized gains. It is suitable for current income accounts for individuals with low or no income tax, like a T-bill fund but with higher risk / return, not as long term buy / hold.

BTW, I think this analysis holds true for all Powershares currency funds. Probably for commodities futures funds also. Don't hold in a taxable account!!]]></description>
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<pubDate>Thu, 26 Mar 2009 18:48:25 GMT</pubDate>
<author><![CDATA[auld_99]]></author>
</item><item>
<title><![CDATA[Re: Hose Job on the Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=18&amp;mid=21&amp;tof=25&amp;off=1</link>
<description><![CDATA[Maybe a day late...but...

Basically, if the Unrelated Business Income Tax is over $1000 on these, then you owe taxes - but the catch is the taxes have to be paid from your IRA funds.

It’s all pretty flaky. I might consider avoiding these limited partnership ETFs completely (taxable and non-taxable accounts)in the future. Here’s a good article about the subject:
<a href=http://www.fool.com/taxes/2000/taxes000908.htm>http://www.fool.com/taxes/2000/taxes000908.htm</a>]]></description>
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<pubDate>Wed, 16 Apr 2008 22:07:51 GMT</pubDate>
<author><![CDATA[froggywithfries]]></author>
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<title><![CDATA[Re: Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=10&amp;mid=20&amp;tof=26&amp;off=1</link>
<description><![CDATA[They should send KY with the K1.]]></description>
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<pubDate>Tue, 08 Apr 2008 22:37:01 GMT</pubDate>
<author><![CDATA[dogwfleas87]]></author>
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<title><![CDATA[Re: Hose Job on the Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=18&amp;mid=19&amp;tof=27&amp;off=1</link>
<description><![CDATA[So if you have this in a IRA you are saying you don't file the K-1 or pay taxes on it correct?

Thanks in advance.]]></description>
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<pubDate>Wed, 16 Apr 2008 22:07:50 GMT</pubDate>
<author><![CDATA[mu709482]]></author>
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<title><![CDATA[Hose Job on the Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=18&amp;mid=18&amp;tof=28&amp;off=1</link>
<description><![CDATA[So I get the K1. Enter it in TurboTax.   I end up paying almost 50% of my gain in taxes because I had to pay taxes on the internal interest and swap trades that were done within the partnership.

So forget about the 15% max tax held for over 1 year, even after their bs adjustments to the cost basis.

Never buy this in a taxable account!!!!!!!!!!!!!]]></description>
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<pubDate>Wed, 29 Apr 2009 02:39:34 GMT</pubDate>
<author><![CDATA[Raider1Raider]]></author>
</item><item>
<title><![CDATA[Re: Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=10&amp;mid=17&amp;tof=29&amp;off=1</link>
<description><![CDATA[Based on PowerShares information as listed on the sheet with Ownership Schedule on one side and Sales Schedule on the other side, PowerShares show an example of filing on Schedule D.   Any other items as listed in Schedule K-1 should be filed as instruction on page 2 of Schedule K-1.

<a href=http://www.taxpackagesupport.com/dbfunds>http://www.taxpackagesupport.com/dbfunds</a>]]></description>
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<pubDate>Tue, 08 Apr 2008 22:37:01 GMT</pubDate>
<author><![CDATA[shaun60]]></author>
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<title><![CDATA[Re: Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=10&amp;mid=16&amp;tof=30&amp;off=1</link>
<description><![CDATA[More reason to wait before sending in your taxes.

The drop today was kind of steep.   I though this fund was supposed to not be correlated to the market.]]></description>
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<pubDate>Sat, 01 Mar 2008 00:20:29 GMT</pubDate>
<author><![CDATA[originalfred66b]]></author>
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<title><![CDATA[Re: Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=10&amp;mid=15&amp;tof=31&amp;off=1</link>
<description><![CDATA[Partnerships have until March 1st to distribute their K-1's. And I've seen some partnerships get their K-1's out at the end of March.

Ric the Enrolled Agent]]></description>
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<pubDate>Sat, 01 Mar 2008 00:20:29 GMT</pubDate>
<author><![CDATA[krismark]]></author>
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<title><![CDATA[Re: Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=10&amp;mid=14&amp;tof=32&amp;off=1</link>
<description><![CDATA[I get late forms almost every year now.   I had to do the amended return thing about 8 years ago, and I learned my lesson:

Never file before the end of February!

Now I enter all the information into TurboTax at the end of January, and I let it sit for a month before I actually send it.

It is not like my investments are all that complex.   I just always seem to end up with a fund like this one that sends forms late or sends revised forms.]]></description>
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<pubDate>Thu, 21 Feb 2008 02:56:15 GMT</pubDate>
<author><![CDATA[originalfred66b]]></author>
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<title><![CDATA[Re: Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=10&amp;mid=13&amp;tof=33&amp;off=1</link>
<description><![CDATA[To clarify my post(before anyone comments on it) - as long as box 1 on the K1 is less than $1000, you do not have to report anything for the IRA.   

------
Current law requires IRAs and tax-exempt entities with more than $1,000 of Unrelated Business Gross Income to file a special tax return (Form 990-T). This is a form that may be filed by the Custodian of the IRA account.   You should contact the Custodian of your IRA to determine who is responsible for filing the appropriate tax forms.   (Note: The IRA, however, will only owe taxes if its Unrelated Business Taxable Income is more than $1,000.)   Please consult your tax advisor or IRA custodian for further detail.
------]]></description>
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<pubDate>Tue, 02 Sep 2008 14:46:37 GMT</pubDate>
<author><![CDATA[froggywithfries]]></author>
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<title><![CDATA[Re: Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=10&amp;mid=12&amp;tof=34&amp;off=1</link>
<description><![CDATA[I got the forms late too.   Luckily I only used this in an IRA, so it didn't hurt, but was surprised that more tax info was coming!]]></description>
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<pubDate>Wed, 20 Feb 2008 03:45:19 GMT</pubDate>
<author><![CDATA[froggywithfries]]></author>
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<title><![CDATA[Re: Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=10&amp;mid=11&amp;tof=35&amp;off=1</link>
<description><![CDATA[I just wish I had gotten the form before Feb 16.   I filed my taxes the other day, treating this as a regular stock purchase and sale, so now I think I need to file an amendment.   I don't expect a large tax impact, but I wish the darn forms had some earlier.   Did everyone else get them that late?]]></description>
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<pubDate>Wed, 27 Feb 2008 19:52:23 GMT</pubDate>
<author><![CDATA[warnerpr]]></author>
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<title><![CDATA[Taxes]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=10&amp;mid=10&amp;tof=36&amp;off=1</link>
<description><![CDATA[This fund requires some goofy tax forms.   Good thing TurboTax lets you simply enter the numbers off the K-1.   I cannot even imagine having to fill out those forms manually.   

I thought I was buying a simple ETF.   I did not realize I was buying into a "partnership" with special tax treatment.]]></description>
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<pubDate>Tue, 02 Sep 2008 14:46:37 GMT</pubDate>
<author><![CDATA[originalfred66b]]></author>
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<title><![CDATA[Re: Keep Adding]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=1&amp;mid=9&amp;tof=37&amp;off=1</link>
<description><![CDATA[Good idea, selling the puts.   I hadn't even looked to see if there were options trading on this fund - thanks for the heads up.   I'll probably be selling them tomorrow.   Thoughts on the current overall market?   Personally I think there's going to be a lot of money to be made in the DJIA channel, approx. 12,100ish to approx. 12,800ish, and I think it's going to be good money through the spring and up to the start of the 2nd half.   I'm leaning towards a bull market for H2, though, due primarily to low P/E multiples.   Thoughts?]]></description>
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<pubDate>Tue, 05 Feb 2008 21:36:48 GMT</pubDate>
<author><![CDATA[peterson.t@verizon.net]]></author>
</item><item>
<title><![CDATA[Re: First Post !]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=1&amp;mid=8&amp;tof=38&amp;off=1</link>
<description><![CDATA[That's what's posted as the YTD yield on the summary page - 8.98%.   Personally, I'm in higher than the current price, but I'm using this ETF as basically a money market fund.   I like the high liquidity and feel like the decline in the share price is due to dollar weakness.   As this fund reallocates I think the share price will go up.   Replies?]]></description>
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<pubDate>Tue, 05 Feb 2008 21:28:10 GMT</pubDate>
<author><![CDATA[peterson.t@verizon.net]]></author>
</item><item>
<title><![CDATA[Keep Adding]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=1&amp;mid=7&amp;tof=39&amp;off=1</link>
<description><![CDATA[This is a good investment as long as Japan rates remain low which is likely.   Look at the long term performance.   You get 10%+ average returns with low volatility.   You can sell puts at this level and enhance your return as long as you are willing to own the shares in case it dips.   The USD is now a low yielding currency so perhaps you get some short exposure to the USD.   I keep adding on dips.]]></description>
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<ymb:replies><![CDATA[0]]></ymb:replies>
<pubDate>Tue, 05 Feb 2008 21:36:48 GMT</pubDate>
<author><![CDATA[outbasket]]></author>
</item><item>
<title><![CDATA[Re: First Post !]]></title>
<link>http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_P/threadview?m=tm&amp;bn=61118&amp;tid=1&amp;mid=6&amp;tof=40&amp;off=1</link>
<description><![CDATA[How do you get 9% yield? distribution is 0.80 with price of $27 which works out to about 3%]]></description>
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<pubDate>Tue, 05 Feb 2008 21:28:09 GMT</pubDate>
<author><![CDATA[mghmd]]></author>
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