- The fund is investing in those companies driving America's energy independence, including renewable energy firms.
- The fund had to suspend its distribution in response to the pandemic, which undoubtedly soured many investors.
- The long-term future of the American energy industry is reasonably strong even given the current administration's hostility towards fracking.
- The fund's distributions surprisingly depend on option premiums, which may allow it to resume paying one later this year.
- The fund trades at a huge discount to NAV, but don't expect an amazing yield once it begins paying the distribution again.
For further details see:
NDP: This CEF May Soon Pay A Distribution Again But Don't Expect Much