USA - USA: Top Tier CEF For Consistent Income Generation

2024-02-23 03:26:37 ET

Summary

• Liberty All-Star Equity CEF offers a high distribution yield and a total return nearing 200% over the last 5 years.
• The fund's portfolio is diverse, with a focus on US equity markets. The fund has exposure to top-tier companies like Microsoft, NVIDIA, and Amazon.
• The current price of the fund is trading at a discount to NAV, making it an attractive entry point for investors.

Overview

Closed-End Funds are still investment vehicles that don't get a lot of attention. This is understandable though as a lot of them are structured more complexly than tradition types of funds like ETFs. In addition, a lot of their price charts look scary so I imagine a lot of investor dismiss these types of funds almost instantly. For example, take a look at the price chart of this Liberty All-Star Equity CEF ( USA ) starting from 2015. A 12.80% price return isn't exactly anything to get excited about....

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