BHP - GGN: This High Yield CEF Is A Safe Bet In Current Economic Scenario

• Despite gradually decreasing its pay-out by almost 79 percent, GGN has recorded an average yield of almost 13 percent over the past 10 years.
• GGN’s investments are in commodities (gold, mining, energy), which tend to rise alongside inflation, and are considered safer bets during recession.
• Despite an 80 percent price drop over the past 10 years, GGN doesn’t seem to be undervalued, thus having a limited scope for huge price growth.

For further details see: