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SPY - GAB: High Yielding Equity Fund
April, 22 2021 12:23 PM
SPDR S&P 500
GAB is a fairly standard equity fund, though they pay a managed distribution targeting a minimum of 10% annually. After such a strong run from the lows of 2020, the fund has technically been covering its distribution for the last several years now. Despite the attractive income, I've been having a hard time to get back into the fund as the premium continues to be stretched. For further details see:
GAB: High Yielding Equity Fund
Stock Information
Company Name:
SPDR S&P 500
Stock Symbol:
SPY
Market:
NYSE
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