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Author's note: This article was released to CEF/ETF Income Laboratory members on June 8, 2020. Please check latest data before investing.
The start of the month brings news of distribution announcements. There were around 40 cutters announced so far, and only one of them, Macquarie Global Infrastructure Total Return Fund (MGU), was a portfolio holding. In this short note to our members, we would like to discuss this cut as well as another big distribution cut to Guggenheim Enhanced Equity Income Fund (GPM), a fund that is not a portfolio holding