Looking for some defense in this topsy turvy market? Not a bad idea, given the daily gyrations we've seen over the past several weeks. One fund has a taxable 6.46% yield, the other has a tax free 4.63% yield, which equals from 5%-plus to 7%-plus, depending on your tax bracket. They've both outperformed the market in all three pullbacks over the past year, month, quarter, and year to date. They're both still selling at a discount.
These two closed-end funds have different asset bases, but they have a few things in common - in addition to having attractive yields, they've both outperformed the market in the most recent pullbacks, and they still sell at discounts, albeit not as substantial as their previous discounts earlier in 2019. Principal Real Estate Income Fund (PGZ) has a portfolio comprised of ~65% CMBS, mortgage-backed securities, in addition to holding ~19% in non-US real estate securities. Nuveen AMT-Free Municipal Credit Income Fund (NVG) invests in municipal securities that are exempt from regular federal income taxes.
Source: Seeking Alpha
Related Articles:
- How To Build A Sustainable High Yield Portfolio
- How To Buy Dividend Stocks At The Bottom
- 8 Stocks That Have Paid Dividends Since The 1800s
- 5 High-Yielding Dividend Aristocrats Not Afraid to Raise Their Dividends
- 3 Exceptional Dividend Growth Stocks With Quality Financials
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Utility stocks have been relatively volatile in the recent past. However, most utility stocks have a low beta and have a stable cash flow vi...
-
Many investors search for safe, dividend-paying stocks. As John D. Rockefeller once said: "Do you know the only thing that gives me ple...
-
With interest rates near zero, many investors are turning to dividend stocks for income. And for some investors, the higher the yield, the b...
-
Dividend stocks have fallen out of fashion during the pandemic. With interest rates at rock-bottom levels, investors have fled from assets l...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
The rollout of fifth-generation network services, also known as 5G, enhances the appeal of each of these three dividend-paying, 5G technolog...
-
With interest rates stuck below 1%, finding income in today's market can be difficult. Therefore it makes sense for income investors to ...
-
Energy Transfer (NYSE:ET) pays a monster cash distribution. Given the big slide in its unit price, -- they're down more than 50% in the ...
-
These stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term. These include a sust...
-
Unfortunately, some investors that are new to dividend stocks end up chasing the highest yield stocks they can find and end up getting burne...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.