11 Comments
May 18Liked by Dave Waters

How do brokerages mark-to-market or value liquidating trusts? Also, can the liquidating trusts be owned in a Roth IRA..

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I feel like tax work could be a pain to almost negate the upside. Thoughts?

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Dave I love that you find this kind of stuff. Wild! Interesting to read always.

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Based on what I heard on the Vistra Energy investor call, the deal excludes the pile of cash on hand at ENGH. Not sure if anyone else heard this? I cannot find a transcript.

If correct, it would be reasonable to expect that shareholders will receive a special dividend prior to closing. More cash, sooner.

I made an initial investment in NID on 1/31/23. Too early. Overpaid. Hindsight is always 20/20. I’ve been averaging down.

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Check the earnings transcript for VST. They may be likely to sell minority equity interests of Vistra Vision since renewable energy assets may be sold at higher premium depending on the current environment.

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Be aware, the Fed Reserve's actions tomorrow (March 22) will likely have a price impact on NIDs holdings.

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Mar 21·edited Mar 22

probably in the 'too hard' bucket for me, but am curious what happens to the Nuveen High Yield Municipal Bond Fund with 20X the number of shares? i believe it is non-CEF and has better liquidity, and only a slightly smaller % weight.

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Shhhhh!!!

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