Tax ROC
Also written Distribution source.
Return of capital as a share of distributions, with its source: final 1099, 19a-1 estimate or audited fiscal note.
Definition
Return of capital as a share of a covered-call ETF's distributions, from the final 1099 where filed, else the 19a-1 estimate, else the audited fiscal note. It records how the payout is taxed. Whether the fund earned the payout is Yield Sustainability.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.