- PDT invests primarily in utilities and other companies with a history of growing their dividends over time.
- This dividend growth is useful in today's low-interest rate world and it may even help offset inflation.
- It is very difficult to obtain a reasonable level of income off of traditional ETF assets or even any sort of bank account.
- The fund's 7.01% yield appears to be sustainable as it is growing its assets even after paying the distribution.
- The fund is trading at a substantial premium currently, which is very concerning for someone seeking value.
For further details see:
PDT: A Solid Income Fund But Overpriced