I bought another 1/4 million shares and am now up to 1.75 million shares of URF. I forgot to mention that if you wait to get distributions from the fund, you probably won't pay any tax. If you sell before, you'll have to pay capital gains tax. There shouldn't be any tax because this fund has a disastrous history and so all distributions are returns of capital. My initial investment was at 80 cents per share, which was already a lot below the IPO price, and we haven't received 65 cents of distributions since then 😀. I'm up to 4% of net worth in this fund, maybe I should stop accumulating.
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