Confidence levels on Split CorpsI just wanted some general guidance on these.
I've been in them some time, but now I wonder if you guys think they'll be around for a long time.
Like how can they afford to keep paying out dividends once we pass the minimum NAV? Is it really going to be this easy - play the cycles, collect dividends, rinse repeat??
I worry that one day they'll just decide not to renew anymore, and just make up a new fund, simply to lower the yield, and then I'll be forced to sell at whatever price.
Not only will I have to deal with potential losses, but then suddenly trying to figure out where to redistribute all the sudden funds.
By long time I mean 10-20 years. Thanks!