DFP - DFP: A Good Income Fund But Seems Very Pricey

• One of the biggest problems for income investors today is that the Federal Reserve's policies have made the yields on pretty much everything very low.
• DFP manages to solve this by leveraging up its assets into a portfolio of preferred stocks.
• The fund does have a reasonably diversified portfolio but there's a lot of focus on the United States.
• The fund actually managed to increase its distribution in 2020 and it appears to be generating enough income to actually afford it.
• The current valuation is incredibly expensive.

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