XLE - PEO: A Buy The Dip Opportunity In This 6% Yield Natural Resources CEF
2024-01-26 03:53:40 ET
Summary
- PEO invests across energy and materials sector stocks.
- The fund has outperformed sector benchmarks over the past 5 years.
- PEO's diversified exposure sector large-caps are well-positioned to benefit from a pricing rebound in natural resources.
- The fund yields 6% through a managed distribution.
The Adams Natural Resources Fund (PEO) invests across energy and materials sector stocks as an actively managed closed-end fund. The attraction here is a strong record, with PEO outperforming sector benchmarks including several indexed ETFs over the past five years. We also like the compelling 6% yield through a quarterly distribution....
PEO: A Buy The Dip Opportunity In This 6% Yield Natural Resources CEF