Yes, you can hold THW in your IRA or your self-directed 401K. It is not an MLP, so no K-1. It is a closed-end fund that pays dividends and will be reflected in 1099 income. If you hold it in tax-deferred accounts, you won't pay any taxes on this income.
Can we hold this in IRA or 401K? Is this MLP that provides K-1 tax form?
Yes, you can hold THW in your IRA or your self-directed 401K. It is not an MLP, so no K-1. It is a closed-end fund that pays dividends and will be reflected in 1099 income. If you hold it in tax-deferred accounts, you won't pay any taxes on this income.