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home / news releases / MU - STK: Reasonable For Income From The Tech Sector But An Index Fund Is Better


MU - STK: Reasonable For Income From The Tech Sector But An Index Fund Is Better

  • Technology has been a very popular theme this year as the pandemic has forced huge swathes of the population to work from home.
  • The sector as a whole is notoriously low-yielding, but this fund offers a way to change that.
  • The fund has historically underperformed an index fund of technology stocks.
  • The fund does appear to be easily covering its distribution, but it is not especially tax-efficient.
  • An investor desperate for income may be okay here, but otherwise, an index fund is better.

For further details see:

STK: Reasonable For Income From The Tech Sector, But An Index Fund Is Better
Stock Information

Company Name: Micron Technology Inc.
Stock Symbol: MU
Market: NASDAQ
Website: micron.com

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