Aug. 6 at 3:19 PM
$ULTY $YMAX in my taxable account, I've been collecting dividends in cash, reinvesting a portion on Thursday mornings, and putting the remainder in a stable of Eaton Vance tax-managed CEF's, as well as
$PTA,
$UTG and
$WDI, a relatively new CEF that pays a steady 12% with no ROC. At the end of the year, I'll likey sell ULTY and YMAX for a loss to offset the dividends I've collected. Rebuy after the wash period and repeat the cycle. Anyone else doing something similar?
