ADDDF - ETO: A Solid Dividend Fund But Expensive

• It remains very difficult for investors to obtain any sort of significant income off of their portfolio assets due to the policies of the Federal Reserve.
• ETO offers a way around this by investing in a portfolio of mostly dividend-paying stocks from around the world.
• The fund is quite well diversified overall, which is quite nice to see given the high valuations in the American markets.
• The fund's distributions are quite well-covered so the 6.79% yield appears very safe.
• The fund appears richly valued at the current price so it may make sense to wait until prices fall before making an investment.

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