- Investors have been struggling to generate income off of their portfolios for quite a long time now.
- GOF invests in a leveraged portfolio of high-yield fixed-income assets in order to produce a very high distribution yield.
- The fund's portfolio appears to be reasonably safe despite being invested in high-yield bonds, which should appeal to risk-averse investors.
- The fund's remarkably high 10.68% yield appears to be reasonably sustainable.
- The fund is trading at a substantial premium to net asset value so it may make some sense to wait for the price to come down before investing.
For further details see:
GOF: Significant Improvements For This Incredibly Expensive Fund