GDV / GDV: Lagging Performance And Questionable Distribution

The Gabelli Dividend & Income Trust is a closed-end fund that focuses on investing in dividend-paying stocks to generate a high level of income. The G more_horizontal

Gabelli Dividend & Income Trust is a diversified, closed-end management investment fund. This is a fund that has a solid mix of securities but, unfort more_horizontal

We're halfway through 2023, and many closed-end funds (CEFs) have ridden this year's market updraft while delivering huge dividends. more_horizontal

For retired investors, preferred shares provide income with a higher level of safety. Closed-end Funds (or "CEFs") offer several additional features t more_horizontal

GDV is a fairly plain equity fund investing in value-oriented sectors. Its financial exposure is primarily tilted toward large banks and institutions; more_horizontal

GDV invests in dividend-paying equities and income-generating securities. The fund pays a generous 6.1% forward yield. more_horizontal

Gabelli Dividend & Income Trust invests in a portfolio of dividend-paying stocks in an effort to generate both capital gains and income for its shareh more_horizontal

GDV pays a relatively conservative payout for being a closed-end fund. This conservative payout means that even as equities drop, the distribution rat more_horizontal