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XLE - PEO: A Good Choice For Energy Bulls And Income Investors
February, 24 2022 11:08 PM
SPDR Select Sector Fund - Energy Select Sector
PEO is a non-leveraged long-only equity CEF that invests across energy and materials sector stocks. The fund is benefiting from strong momentum in energy prices with a portfolio tilt towards leading oil producers. The fund maintains a distribution policy targeting a 6% yield. We are bullish on PEO which captures several of the positive high-level tailwinds for natural resource stocks. For further details see:
PEO: A Good Choice For Energy Bulls And Income Investors
Stock Information
Company Name:
SPDR Select Sector Fund - Energy Select Sector
Stock Symbol:
XLE
Market:
NYSE
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