Chill – my aim was not to troll…interest portion (which is the dominant component of the return was always taxable). Now the return of capital is also taxable (it is < 30% for most INVITs on yearly basis). Price reduction and increase in yield does not justify this change in taxation. There are not many instruments with AAA sovereign rating with this yield arbitrage (> 500 BPS in case of PGINVIT). Disc: I am buying for this yield
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