RE: RE: RE: Distribution July 19%The "Dividend" is a Distribution of Capital gains and does include some actual dividends from the Gold stocks.
The returns are from writing call options each month and do not depend much on gold Stock prices
The Distributions will vary up and down and so will the NAV but returns should stay in the 12% to 15% range.
If gold stocks rise sharply you will miss out on some of the capital gain but in return you will continue receiving dividends at these rates.
I don't see distributions being eliminated as income is generated each month. There is no NAV below which the distributions will be cut. unlike some mutual or split funds that can cut distributions.
Gina IMHO