- Utilities and infrastructure are generally good entities for retirees and other income-focused investors.
- DPG invests in these generally stable entities and boasts a reasonably diversified portfolio that is mostly focused on utilities and midstream.
- The future of both utilities and midstream is quite bright, although electric utilities may not see the growth that some people expect.
- The fund easily covered its distributions during the most recent fiscal period, which is very comforting.
- The valuation is a premium but not nearly as high as it typically averages.
For further details see:
DPG: Good Fund, Reasonable But Premium Valuation