Issue with tax efficiency of bonds in a taxable account? Also, dividends

Hey Jeremy, got two for you tonight!

  1. If we are holding TDIFs in our taxable brokerage accounts, that means we’re holding bonds in our taxable brokerage account. Word is they’re not very tax efficient. Do you see this as an issue, or not a big deal?

  2. Also, can you explain the distributions (dividends) for Fidelity’s TDIFs?

It looks like they pay distributions twice a year but the amounts per share vary greatly ($.144/share in December '20 vs $.002/share in May '20). Why are the amount so different? Is this normal?