I haven't determined yet if there are reasons why PRPFX should be held in a taxable account, IRA, or Roth IRA -- if it makes any difference or how much. I actually own some shares in each type of account....
For those who own this fund, is there any special tax reporting requirement due to their ownership/sale of precious metals, which are taxed differently than regular stocks? Or do they just issue a standard 1099 with the normal dividends and capital gains like any other stock mutual fund?
Might cost you an extra page or two on your 1040. Not sure, though.
To make it easier, you may want to confine your holdings of PRPFX to your IRAs. Berwyn Income (BERIX) is a good replacement in non-IRA money, as is Yacktman (YACKX) if you believe the market is headed up.