USA - USA: Reduced Real Estate Exposure And Trades At Discount
2024-06-13 08:03:32 ET
Summary
- Liberty All-Star Equity is a high-yield closed-end fund with a 9.8% dividend yield, managed by five different asset managers for a blended strategy of value and growth.
- The fund's price growth is limited due to high distributions but offers potential for income growth through reinvestment and compounding.
- USA's reduced real estate exposure and attractive discount to NAV make it a versatile option for retired investors seeking immediate income.
Overview
I consider myself a hybrid divided investor because my portfolio includes a variety of untraditional high yielding assets alongside the traditional dividend growth stocks. This includes classes such as REITs, Business Development Companies, Master Limited Partnerships, and Closed End Funds. I mention this because I believe that this is one of the best times in modern history to be a dividend investor and if you truly value income produced from your investments, none of these asset classes should be ignored. The Liberty All Star Equity ETF ( USA ) falls into the closed end fund class and provides some high-yield exposure while also giving shareholders instant diversity across some of the highest quality US-based companies....
USA: Reduced Real Estate Exposure And Trades At Discount