- It has become exceedingly difficult to obtain income in the markets due largely to the policies of the Federal Reserve and other central banks.
- LDP can get around this problem through the use of leverage and boasts a 6.5% yield.
- The fund is very well diversified internationally, which could protect us from certain political risks.
- The fund had some difficulty covering its distribution in early 2020, but it should be OK now that it it cut.
- The fund is trading at a very slight premium to NAV and is trending down, so could be a decent buy.
For further details see:
LDP: A Solid 6.5% Yielder Approaching A Good Price