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American Capital, Ltd. Message Board

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  • blueox_4 blueox_4 Aug 20, 2004 2:48 PM Flag

    A word on ACAS & Shorts


    Depending on your tax situation (long term - short term gains) I would reduce both to 25%. Then I would add to your positions in TMA, IMH, ALD, and MCGC (or start positions) to about 5-7% each; and/or buy some tax-free muni bond closed-end funds that are trading at discount to NAV.

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