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Four percent of the Total Return fund is in municipals.
The value of the Total Return fund rose by $1.7 billion in a single day.
Over the last 20 years, dividends have provided 39percentt of the total return.
That can provide a bigger component of the total return over the long haul than dividend payments themselves.
He said that he began taking what he calls "my money -- money I can spend" out of the Total Return fund six months ago.
The dividend is tax free to investors, and as the payout would also reduce the amount a buyer would have to pay for the company, a smaller percentage of the total return would be subject to capital gains taxes.
Similar(36)
A major reason for the earlier confidence was that in the 15 years from the end of 1984 through the end of 1999, the total return of the Standard & Poor's 500-stock index was more than 740 percent, even after adjusting for inflation.
Since the start of 1996 the total return (capital appreciation plus reinvested dividends) of the S&P 500 index has exceeded the return of the Bloomberg European 500 by 16 percentage points.
Since the beginning of April, the total return for corporate bonds, including interest, is minus 0.9percentt as prices have fallen sharply, according to Merrill Lynch's index of investment-grade bonds.
Even though SOTAT is presently the best stage of development from the viewpoint of sugarcane energy use, the total return of energy is lower than US$0.10/ton of milled cane.
Examine the following table of the total returns of gold in 13 different currencies, courtesy of Kitco.
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