I've been researching this fund and like what I see, but I can not understand the substantial declines the past two Decembers? There's probably very obvious reasons, but they've escaped my research. Can someone whose been invested in and knows this fund educate me? Thanks
Remember that you lose no value on paper with the capital gain and dividend distributions, but you will have realized tax consequences because of the distributions. That is one thing I have not been satisfied with this fund and maybe the only thing. Turnover is too high and kills me at tax time. I will have to think long and hard before next tax season about holding this fund.