RE:RE:RE:GLTALongs. Burn the shorts. 9:46AM ET on Monday Dec 20,@TT Thanks for the explanation. If I understand it correctly, the 'higher' dividend paid to common shareholders of the fund relies on an increasing ENB share price (and therefore higher fund NAV) and the leverage of the common shares to that rising NAV. And likewise downside for a dropping share price. Hard to see what the advantage of this 'accelerated capital gains/losses' mechanism is for simple investors. I'm guessing its somehow tax-related. Anyway, I think I'll stick to holding ENB directly.