hi Anybody using DRIP AT NAV - ETF LIKE CLM What are the risks , some talk about RO setting etc Not sure I understand Any experiences
I did some calculation on it's sister fund CRF ( base don SPY) 1) Bought at inception in 1987 $121, current value June 24 = $7.8 total loss = -113.2 dividend received = $307 So total profit over 36 year s= 8.52% PA , 2) Bought worst case $ 156 in Dec 2006 current value June 24 = $7.8 total loss = -148.2 dividend received = $87.4 = Total loss over 18 year s= -60.8,,,, so am i missing something