- ETO invests globally and pays a monthly 7.8% dividend. As much as possible, management tries to generate tax-advantaged dividends.
- The fund's portfolio is actually heavy on popular growth stocks that have surged in recent years. Consequently, capital gains distributions account for a large portion of income.
- The fund has outperformed its benchmark on a total return basis over the long term.
- It currently trades at an 11% discount, which is abnormally high compared to its trading history.
For further details see:
ETO: Global Exposure With High Monthly Dividend, Low Tax Burden