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<p>[QUOTE=&quot;Cloudsweeper99, post: 639033, member: 3011&quot;]I disagree with this last statement.&nbsp; CEF is a PFIC and subject to some of the most complex tax rules on investments.&nbsp; As a PFIC you must pay tax on the change in value at ordinary income rates regardless of whether or not you sell the stock, or file some complex paperwork every year to apply for an exemption.&nbsp; CEF is better off in a tax deferred account also.[/QUOTE]</p><p><br /></p>

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