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VRTX - HQH: A Dividend Paymaster That Fails To Register Price Growth
Vertex Pharmaceuticals Incorporated
Summary
HQH is able to generate strong and steady yield which is good enough to ignore the price loss suffered by this fund in a market that’s bearish overall.
HQH is in a better position to hold up to its current price, and as it trades at a good discount to its NAV, chances are high for this fund.
A consistent close to double-digit yield in an uncertain economic situation with multiple rate hikes makes HQH an attractive stock to hold on.