- One of the biggest problems for income investors today is that the Federal Reserve's policies have made the yields on pretty much everything very low.
- DFP manages to solve this by leveraging up its assets into a portfolio of preferred stocks.
- The fund does have a reasonably diversified portfolio but there's a lot of focus on the United States.
- The fund actually managed to increase its distribution in 2020 and it appears to be generating enough income to actually afford it.
- The current valuation is incredibly expensive.
For further details see:
DFP: A Good Income Fund, But Seems Very Pricey