BuyWrite ETN (BWV): A Buy -- If It Can Track The Index [View article]
Very interesting new security!
Regarding the lack of dividends, I understand the fund will seek to retain its income so it may be treated as capital gains. Does that look like a safe tax treatment and will it pass muster with the IRS?
BuyWrite ETN (BWV): A Buy -- If It Can Track The Index [View article]
Regarding the lack of dividends, I understand the fund will seek to retain its income so it may be treated as capital gains. Does that look like a safe tax treatment and will it pass muster with the IRS?