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This discounted closed-end fund yield pays a sustainable 16% yield

Imagine a fund yielding 16.2% that's likely to keep that high payout steady for years and years....

November 4, 2023, 10:00 am

Nie: discounted but not a bargain

The Virtus Equity & Convertible Income Fund is benefiting from its heavy exposure to mega-cap tech stocks, leading to a solid performance in 2023. The...

November 4, 2023, 9:45 am

Coterra energy: an oil and gas superstar at a discount

The oil and gas industry is expected to enter a new supercycle, driven by geopolitical tensions, accumulated underinvestment in capex, and the massive...

November 4, 2023, 7:42 am

Canon isn't picture-perfect

Canon has operational advantages in its printing segment and has a strong global presence in various markets. However, the company's financial metrics...

November 4, 2023, 12:12 am

Hong kong central bank leaves interest rate unchanged, tracking fed

The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount ...

November 3, 2023, 5:00 pm

Molson coors's stock jumps 2.4% after deutsche bank upgrade

Molson Coors Beverage Co.'s stock rose 2.4% on Friday, after Deutsche Bank upgraded the stock to hold from sell and said risks around the company's ab...

November 3, 2023, 1:42 pm

Gold prices hit rs 61,539, dealers offer discounts for fourth week

Physical gold dealers offered discounts for a fourth consecutive week as consumers shied away from making purchases due to higher domestic prices, whi...

November 3, 2023, 1:16 pm

Walmart shares hit all-time high, as retailer's value focus attracts shoppers and investors

The discounter Walmart has attracted more high-income households because of inflation and investments in its stores and website....

November 3, 2023, 12:13 pm

Annaly capital management: this 16.6% yielding trust is a bargain (upgrade)

Stock price weakness in Annaly Capital Management presents an attractive entry point into the largest mortgage real estate investment trust. Despite w...

November 3, 2023, 11:39 am

Public storage: the preferred dividends are well covered

We're focusing on buying fixed rate preferred securities in anticipation of lower interest rates. Public Storage's Q3 results include just a few days ...

November 3, 2023, 10:30 am

Grx: there are better alternatives in the healthcare cef sector

The Gabelli Healthcare & WellnessRx Trust is an underperforming equity closed-end fund (CEF) focused on healthcare stocks. GRX has a -19% ...

November 3, 2023, 7:23 am

Closed-end funds: valuations matter, a revisit of jce

Nuveen Core Equity Alpha Fund had a volatile discount/premium to finish off last year, and it still remains fairly expensive. First Trust Enhanced Equ...

November 2, 2023, 8:47 pm

Alexandria real estate: a fast-growing and fairly valued reit

Alexandria Real Estate Equities specializes in developing Class A/A+ properties for the life science, agtech, and advanced technology industries. Desp...

November 2, 2023, 8:15 pm

Update 1-hong kong central bank leaves interest rate unchanged, tracking fed

The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount ...

November 2, 2023, 7:29 pm

Walmart's stock rises into record territory, to outperform rivals by a wide margin

Shares of Walmart Inc. WMT, +0.67% rose 0.7% in afternoon trading Thursday, to put them on track to close at a record high well ahead of the ...

November 2, 2023, 3:00 pm

Fthy: 2027 high yield term trust at big discount

This Fund primarily holds a portfolio of high yield corporate securities. Its yield on price, as well as on NAV are in double digits. The fund is set ...

November 2, 2023, 12:52 pm

New btc price breakouts see bitcoin traders confirm targets up to $48k

Now returning to test the mettle of $35,000 as support, Bitcoin is on the radar of market participants, some of whom are not discounting the possibili...

November 2, 2023, 9:29 am

Taco bell sees 8% yoy growth amid 'pressured consumer environment,' ceo says on q3 earnings call

Yum! Brands (YUM) beat third-quarter estimates on EPS, but missed on revenue, reporting $1.71 billion compared to estimates of $1.77 billion. The comp...

November 1, 2023, 3:23 pm

Lgi: a fairly unique global fund trading at a substantial discount

Lazard Global Total Return and Income Fund Inc is a hybrid fund that invests in equity positions as well as emerging market fixed-income securities an...

November 1, 2023, 2:16 pm

Pffa: buy this preferred stock etf trading at a discount

Virtus InfraCap U.S. Preferred Stock ETF is an actively-managed ETF that holds preferred stocks from across the US investible universe. PFFA has outpe...

November 1, 2023, 10:52 am


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