MSFT - GLV: An Expensive Fund With Insufficient Global Diversification

• American investors are generally overexposed to an overvalued American market.
• Global funds can diversify this risk, but GLV is not a good way to do that.
• The fund is excessively invested in America for a global fund, which would be risky when a correction ultimately comes.
• The fund does appear able to support its 9.91% yield in most cases, especially in today's strong market.
• GLV is substantially overvalued at the current price and interested investors should wait until the price comes down significantly before making an investment in it.

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