- One of the biggest problems facing investors, especially retirees, is an inability to make any significant income off of their portfolios.
- GDV seeks to provide better by investing in a rather well-diversified portfolio of dividend-paying stocks.
- The fund is somewhat concentrated in the financial services sector due to the high yields that many of these firms have.
- The 4.92% yield appears more than sustainable, although it is not the highest available among closed-end funds.
- The fund is trading at a reasonably attractive valuation given today's overheated market.
For further details see:
GDV: Solid Dividend Fund At A Reasonable Price