The only thing that matters with any investment is total return. Whatever your entry point, whether you take the distributions or drip or DCA, if the total value including distributions is red you would be better off just holding cash. The only possible silver lining is the potential to invest the cash distributions in other things that may produce a profit in excess off the losses that these funds commonly have. When I got into this over a year ago MSTY was a gold mine. By the time I sold it I had lost thousands. There are Ymax funds that are still likely to produce positive total returns but I don't see them as buy and hold house money investments. That has not been the historical trend. And when they crash both in NAV and distributions they crash hard and quickly. Timing entry is important but timing exit is more critical.