Investment Product and Service Launches plansponsor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from plansponsor.com Daily Mail and Mail on Sunday newspapers.
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Distributions from PMF, PML, PMX, PCQ, PCK, PZC, PNF, PNI and PYN are generally exempt from regular federal income taxes (i.e., excluded from gross income for federal income tax purposes but not necessarily exempt from the federal alternative minimum tax). In addition, distributions from PCQ, PCK and PZC are also generally exempt from California state income taxes, and distributions from PNF, PNI and PYN are generally exempt from New York State and city income taxes. There can be no assurance that all distributions paid by these Funds will be exempt from federal income taxes or applicable state or local income taxes.
Gamestop Corporation (NYSE:GME), (AMC) - What s It Like To Hold GameStop Stock For Years And Still Miss Out On Millions In Gains? Ask Bill Miller benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
Reportable, Inc.: Crypto Fund Managers See Record Setting 2020 Performance
Boston, Massachusetts (Newsfile Corp. - February 22, 2021) - With Bitcoin rocketing to all time highs, cryptocurrency hedge funds saw record setting 2020 performance with several funds returning more than 5x to their investors, according to CryptoFund Performance. Leading the pack for 4th quarter was the Crypto & Income Strategy (AX Momentum, LP) from Sarson Funds, which took home the award for top performing crypto hedge fund across all strategies for the quarter. To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
Sarson Funds Crypto & Income Strategy received top performance honors for Q4 2020.
NGL Energy (NGL)’s Poor Performance Affected Miller Value Partner’s Q4 Results
Miller Value Partners, an investment management firm, published its ‘Income Strategy’ fourth-quarter 2020 Investor Letter – a copy of which can be seen here. A net return of 19.17% was recorded by the fund for the Q4 of 2020 which is almost twice as much of its benchmark that returned 6.48%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Miller Value Partners, in their Q4 2020 Investor Letter, said that NGL Energy Partners LP (NYSE: NGL) was one of the top detractors of their portfolio in the fourth quarter of 2020. NGL Energy Partners LP is an energy company that currently has a $329.3 million market cap. For the past 3 months, NGL delivered a 2.41% return and settled at $2.55 per share at the closing of February 12th.