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  • BP Prudhoe Bay Royalty Trust: Where Is The Stock Headed? [View article]
    EEQ, and KMR don't issue yearly 1099s! Divs are paid in shares quarterly.
    Taxed only when sold, at LTCG rates. Try it, you'll like it!
    Generally, the GP's are performing well, w/o tax issues you mention, IE KMI, etc
    Your broad comment on MLPS is mis-leading!
    I plan on leaving some MLPS to my kids, at which time they will step up
    to market price, avoiding any taxes, after my distributions were all tax free--What a country?
    Apr 29 11:47 AM | Likes Like |Link to Comment
  • BP Prudhoe Bay Royalty Trust: Where Is The Stock Headed? [View article]
    "Everyone has their own views. That's what makes a market. I avoid MLP's because the general partner usually takes all of the money from the LP's. "

    My MLP "VIEW": examples, over 4-5 yrs: EPD[no GP] +230%, div on cost 8.9%. OKS + 92%, EEQ +61%, KMR +52%--both divs of aprox 10.8% on cost, and no 1099s!
    All better total returns vs my BPT holding.
    All have their tax issues.
    Still long BPT, and will add some this week.

    Apr 29 11:05 AM | Likes Like |Link to Comment
  • BP Prudhoe Bay Royalty Trust: Where Is The Stock Headed? [View article]
    I hold in a taxable account. The calculation for page one of Sched E is quite clear, and found in the annual report that comes out around 1Q each year. Also shows up in my fidelity 1099. I believe there is some recapture on sale!
    Better to hold in a IRA, and forget any tax treatment!
    I'm buying more in my IRA.
    Long since 2004! Good cash payments.
    Apr 28 09:26 PM | 1 Like Like |Link to Comment
  • BP Prudhoe Bay Royalty Trust: Where Is The Stock Headed? [View article]
    "•BPT reserves and production capacity has been extended by BP's increased investment in Prudhoe Bay"

    "PI", I thought BPT reserves were finite! How does BP'S action increase BPT'S reserves?
    Thanks
    Apr 27 10:07 AM | 3 Likes Like |Link to Comment
  • BP Prudhoe Bay Royalty Trust: Where Is The Stock Headed? [View article]
    Date was Jan 2014!
    Apr 26 08:44 PM | Likes Like |Link to Comment
  • BP Prudhoe Bay Royalty Trust: Where Is The Stock Headed? [View article]
    Kevin might be a day late, based on this article??
    What say you PI?
    Apr 26 08:17 PM | Likes Like |Link to Comment
  • My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year? [View article]
    Rudolph: Great info. I'm learning!
    Steven: FYI, I have 2 German pfds that are on the US Exchange that give Qualified Divs. ie DUA, DTT.

    Thanks, for your responses.
    Apr 20 11:02 PM | Likes Like |Link to Comment
  • My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year? [View article]
    How would one identify what portion of Ordinary divs [paid by UTG], are qualified for tax reporting purposes?
    Thanks
    Apr 20 03:59 PM | Likes Like |Link to Comment
  • My CNBC ETF Portfolio One-Year Review [View article]
    Boring results. Particularly when including management fees, and paying div taxes at ordinary income! Buying the stocks in the etf portfolio, would do better w/ a dart board"
    Apr 19 05:12 PM | Likes Like |Link to Comment
  • My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year? [View article]
    If the focus is on tax advantage income, why do they say ord income? Some BS of many such funds.

    http://bit.ly/Pg7kWz

    This says ORDINARY INCOME! Agrees w/ my Schwab statement!
    Apr 19 11:47 AM | Likes Like |Link to Comment
  • My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year? [View article]
    "and the distribution listed is what I have received, thus "after expenses"
    Ok, then, who/how pays the expenses? How does UTG get paid?
    Answer: we pay, because the asset value of the holding is decreased to pay expenses---no surprise!
    Also, My Schwab acct states "cash div"[ord income"], vs "qualified div".
    Anyway, best of luck to you.
    Apr 18 07:53 PM | Likes Like |Link to Comment
  • My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year? [View article]
    This link not available! Can you show me where?
    Apr 18 04:27 PM | Likes Like |Link to Comment
  • My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year? [View article]
    I would like to see where it says that! "AFTER expenses"
    Thanks.
    Apr 18 04:26 PM | Likes Like |Link to Comment
  • My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year? [View article]
    Steven,
    "One other point, UTG is able to make a higher return and pay higher dividends than a straight-forward portfolio of similar stocks because it is leveraged. This is a tremendous advantage of closed end funds, since they can borrow at an institutional rate (1-2%) and re-invest in stocks that pay dividends of 5-6% or more-----"
    I don't count the same as you!!
    Tell me, how do expenses get paid, and who pays them, and how does that affect total return?, the divs are not Qualified--You pay ordinary income tax rate.
    Compare against Total return with, T, VZ CNSL, and many more!
    Apr 17 05:53 PM | Likes Like |Link to Comment
  • 3 High Yield Alternative Income ETFs [View article]
    It always amazes me that recommendations such as these avoid the reality of minimizing returns by heavy management fees.
    Wouldn't be better is the Author did a little more DD, and made some suggestions of solid equities that offer greater total returns. Many pfds, mlps, reits provide better growth/returns.
    Apr 16 08:12 PM | 1 Like Like |Link to Comment
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