DVY - PDT: An Incredibly Expensive High-Quality Income Fund

• Dividend investing is a popular strategy lately because it can usually beat bank accounts and can also provide income growth.
• PDT invests in a diversified portfolio of both common stocks and preferred stocks in order to provide its investors with a high level of income.
• The fund uses a moderate amount of leverage to boost its returns but it appears to be reasonably acceptable.
• The 6.81% yield appears quite sustainable and impressively the fund has managed to grow it since 2007.
• The fund is incredibly expensive, which is the only real negative thing about it.

For further details see: