- Utilities in general are quite popular investments among retirees given their very high yields and general stability through any economic conditions.
- GUT invests in a well-diversified global portfolio of utility stocks with the goal of delivering steady growth of income and long-term gains.
- Electric utilities are likely to deliver slow and steady growth going forward, just like the sector has always done.
- The fund has been remarkably consistent about its distribution over time and is successfully covering it.
- The fund is incredibly overvalued at its current level.
For further details see:
GUT: Good Utility Fund But Substantially Overpriced