Owning stocks is about three things, management, management, and management. Here, in Joe M, you have a proven manager who is offering you a chance to invest in what he invest in and he knows what he is doing. FYI, two others are ATRI and ROST you can buy all 3 of these companies and know that they are well managed. Keep re investing your dividends and go to sleep at night without worrying about your investments.
Not too sure what people are talking about calling this speculative or risky. This is a great company run bey a wonderful management team. So what if the price jumps around a bit....risk should not be measured by price movements. I agree that ATRI is another terrific investment.
If you are subject to UBTI in a 401k, you might want to limit how much CODI you own in your 401k. Or, check with your 401k custodian and see if there is a fee for the UBTI tax return. Many brokerages charges $200 for the excess UBTI tax return, but if your custodian does not, then I'm not sure it would be an issue.