YH Tax Sensitive Portfolio Trade Updates- January 18, 2025

Summary

• Sell Nuveen Variable Rate Preferred & Income Fund (NPFD) due to its low current discount of 6% and less tax-friendly distribution.

• Buy Cambria Tax Aware ETF (TAX) for its focus on long-term capital appreciation and tax-efficient strategy.

• Use limit sell orders or smaller market sell orders for NPFD, which trades about 100,000 shares daily.

• Build a p…