TSLA - CHY: A Monthly Paying Convertible Fund Worth Owning 7.37% Distribution Yield
- Shares of CHY are now only trading at a slight discount.
- Historically, this fund has traded at premiums off and on, and overall, it isn't overly expensive.
- The fund increased its distribution to start this year, and it has been covered through income and gains YTD.
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CHY: A Monthly Paying Convertible Fund Worth Owning, 7.37% Distribution Yield