Tommy Nguyen ULTY 1 year ago #1I don’t think ROC is a problem as long as NAV is stable. Dividend via ROC will reduce your cost basis by the same amount and you won’t have to pay taxes until you sell. So instead of total return by price appreciation you get in by decrease cost basis instead.
Tommy Nguyen ULTY 1 year ago #2I don’t think ROC is a bad thing. What ever dividend you get will reduce your cost basis by the same amount and you won’t have to pay taxes on it until you sale the share. As long as NAV is stable and your cost basis is continued to go down via ROC, then you are golden.