2024-06-15 07:54:55 ET
Summary
- A lot of income-focused investors would miss out on the power of diversified stocks if it weren’t for closed-end funds like the Liberty All-Star Equity Fund, currently yielding 10.0%.
- However, a look under-the-hood reveals this popular fund is only an incremental improvement for many investors, and it omits many of the important qualities that make other funds so attractive.
- In this report, we review USA (including the strategy, distribution, expenses, leverage, holdings and price versus net asset value), and then conclude with our strong opinion on investing.
A lot of income-focused investors would miss out on the power of diversified stocks if it weren’t for closed-end funds like the Liberty All-Star Equity Fund ( USA ), currently yielding 10.0% (paid quarterly). However, a look under the hood reveals this popular fund is only an incremental improvement for many investors, and it omits many of the qualities that make many other CEFs so attractive. In this report, we review USA (including the strategy, distribution, expenses, leverage, holdings and price versus net asset value (NAV)). We conclude with our strong opinion about investing in USA....
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For further details see:
USA's 10% Yield: Nudging Novices In The Right Direction