Apr. 20 at 2:39 PM
$OMAH If you purchased shares on the day this fund began trading on March 5, 2025, held the entire time without reinvesting any of the distributions, and sold today at
$18.55, your total ROI would be 8.6% (
$19.93 less
$1.38 in capital loss plus
$3.0992 in distribution income). That's an annualized return of 7.64% for an income investment with no NAV loss over the past 12 months (12 months ago, the NAV was
$18.35, currently it is
$18.55). If the NAV remains flat going forward, and the fund achieves its goal of continuing to pay out distributions at a 15% annualized rate, then this fund will be a winner for income investors.