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NSC - ZTR: Hybrid Fund With Strong Potential
January, 05 2021 04:42 AM
Norfolk Southern Corporation
ZTR is a double-digit yielder, but the sustainability remains questionable - a cut could be in the future even after 2020's distribution cut. The discount had widened significantly after the prior distribution cut, and still remains tempting at the current level. The fund has an interesting 60/40 portfolio approach that leans on investing more in utilities and other infrastructure investments. There is strong potential to this fund, but some patience might be key. For further details see:
ZTR: Hybrid Fund With Strong Potential
Stock Information
Company Name:
Norfolk Southern Corporation
Stock Symbol:
NSC
Market:
NYSE
Website:
norfolksouthern.com
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