Yes, CEU unit distributions are 100% tax deferred. The distribution has been increased for 2008. CEU pays it's distribution twice yearly, in February and October.
CEU has increased its distribution to 10.25c fully tax deferred beginning with its February distribution. ie. twice yearly of 5.125c in Feb and Oct.
This rise to 10.25c a year is up from the 2007 distribution of 6.25c a year.
Hope this helps!
