ETO - ETO: Diversify Away From Record High U.S. Equities
2024-05-30 09:37:11 ET
Summary
- The Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a global equities-focused closed-end fund offering high total returns and current income.
- ETO currently pays a 6.8% distribution yield.
- With U.S. equity valuations stretched, I recommend investors go global for positive forward returns.
Last summer, I wrote a bullish article on the Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund ( ETO ), noting that it was a solid global equities fund paying an attractive ~7.0% distribution yield that is well covered by the fund's historical returns....
ETO: Diversify Away From Record High U.S. Equities