A close-ended fund from 1987 paying a 20% Dividend? Tell me moreThe utility of this product would be through investing the dividend payments into the product, while the underlying share price drops, because potentially for some products people make returns on. Dividends may qualify a lower tax rate for investors. So i.e. you make a big return, you throw it into this engine that will create a realized loss, while paying you back the underlying share price.
