AOD - AOD: Global Equities Fund With Stable 8% Distribution Massive 14% Discount To NAV
A long-time reader and subscriber asked me for my thoughts on the Aberdeen Total Dynamic Dividend Fund (AOD), an unleveraged global equities CEF. AOD follows an aggressive proprietary investment strategy, but an ultimately unsuccessful one, due to its focus on some of the worst-performing markets, industries, and stocks, to the exclusion of the best and strongest. AOD's subpar investment strategy has led to consistent underperformance in the past and will, I believe, continue to do so in the future.
Investors interested in global equity funds could consider alternatives. I believe that the Eaton