TMUS - IDE: A Very Attractive Way To Get An 11.3% Yield Today (Rating Upgrade)
2025-05-01 16:25:21 ET
Summary
- The Voya Infrastructure Industrials and Materials Fund offers a high yield of 11.30%, outperforming the global infrastructure index, despite a 30.58% share price decline over ten years.
- The IDE closed-end fund's stability in net asset value and diversified global holdings make it a strong option for recession-resistant income, especially compared to higher-yielding but volatile peers.
- The fund is positioned to take advantage of the recent surge in military spending around the globe.
- Recent market trends and recession fears have not adversely impacted the fund, which benefits from its utility and international asset exposure.
- Trading at a 7.38% discount to net asset value, the fund is attractively priced compared to its peers, making it a worthy investment.
The Voya Infrastructure Industrials and Materials Fund ( IDE ) is a closed-end fund or CEF that investors can purchase in order to obtain exposure to the high-yielding and recession-resistant infrastructure structure, along with a very high yield. The IDE fund is one of the highest-yielding closed-end funds around, as it boasts a whopping 11.30% yield at the current share price. In comparison, the iShares Global Infrastructure ETF ( IGF ) only yields 3.01%. Thus, an investment in the Voya Infrastructure Industrials and Materials Fund will yield a substantially higher level of income than can be obtained from simply parking the same amount of money into an index.
The Voya Infrastructure Industrials and Materials Fund has also outperformed the global infrastructure index fund over the past ten years. As shown here, the fund’s shareholders received an 87.66% total return over the period compared to only 73.90% for the index:
IDE: A Very Attractive Way To Get An 11.3% Yield Today (Rating Upgrade)