The purpose of this article is to highlight an income closed end fund that could offer an investor's portfolio solid income, a high yield, an efficient expense ratio, and diversification (against a bond heavy portfolio or a basket of bond heavy closed end funds). Highlighted on Morningstar's website, AllianzGI NFJ Dividend Interest & Premium Common Fund (NFJ) seeks current income with long term capital appreciation through investment in dividend paying common stocks, income producing convertible securities, and through utilizing a covered call and options strategy.
Owning NFJ is very advantageous for all the reasons mentioned above, however, do not weight too much of your portfolio on NFJ. Let NFJ serve as an income diversifier in your portfolio from drastic market swings and don't forget to own higher yielding closed end funds for yield type diversification (balance of Bonds and Equities) and higher upside from a yield perspective. I would recommend pairing NFJ with NCZ (and potentially NCV, if the price drops to reflect its fair market price) for efficient yield utilization.
Source: Seeking Alpha
Related Articles:
- Dividend Investors Should Focus On Stocks, Not The Market
- The Secret Ingredient of Dividend Growth Stocks
- 9 High-Yield Stocks With A Low Price To Book
- 7 Tech Stocks With A History of Growing Their Dividends
- Here's Where To Find Great Dividend Stocks
My High-Yield, Zero-Leverage, Low-Cost Diversified Secret Fund
Posted by D4L | Thursday, November 21, 2013 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
When a company pays a dividend, it's a good thing for shareholders. When a company consistently pays a dividend every quarter, it's ...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
If you are looking for high-yield dividend stocks that can beat the market, you might want to check out these three companies. They all have...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
-
My top financial goal is to eventually become financially independent. The foundation of my strategy is to make investments that produce an ...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciations have contribut...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.