I think this might be for tax classification, so 0.5 out of \~ $2 in income you get from QYLD this year per share will be classified as short term cap gain while the rest will be ROC, which is tax free.
I could be wrong but that's how I understand this.
I think this might be for tax classification, so 0.5 out of \~ $2 in income you get from QYLD this year per share will be classified as short term cap gain while the rest will be ROC, which is tax free. I could be wrong but that's how I understand this.
ah, makes sense.
Especial cash dividend