Does distribution in unit affect my cost basis?
Lets say I bought 100 HR.UN Shares @ $10
so my cost basis is $10 per share and total amount of $1,000.
If I receive 0.63 of stocks means 3 shares for free right?
so is my total amount remain same which is $1,000
and total share increase from 100 to 103
so my averge cost basis goes to 1000 divide by 103?
or
my total amount increase and total share increase?
I dont get it. I dont like DRIP and I dont want my average goes up.
My average is under 9 and I dont want to see it goes up in my account
I have a OCD man!! i dont want to see two digit number for HR.UN