In a market with high valuations, dividend investors are turning to Closed-End Funds (CEFs) that trade at discounts to their net asset value, allowing purchase of quality assets cheaply. Five CEFs highlighted include Taiwan Fund (TWN) with a 14% discount focused on semiconductors, Calamos Global Dynamic Income Fund (CHW) offering 8%+ monthly dividends at a 9% discount, ClearBridge Energy Midstream Opportunity Fund (EMO) trading at a 13% discount in energy infrastructure, BlackRock Muniyield Quality (MQY) with an 8% discount offering tax-exempt municipal bonds, and abrdn World Healthcare Fund (THW) yielding over 10% with a rare 4% discount. These funds provide attractive yields ranging from 6.0% to 10.4%, combining income with discounted prices, appealing to investors seeking value and steady dividends amid market uncertainty.
The cryptocurrency market capitalization rose by $170 billion from July 1 to July 11, reaching $2.28 trillion, with Bitcoin trading above $64,100. This surge is driven by recovering ETF inflows, including a $265.69 million single-day inflow on July 6...
El Pollo Loco (LOCO) has surged over 60% year-to-date, significantly outperforming the S&P 500. The company’s niche in flame-grilled Mexican chicken and strong same-restaurant sales growth stand out amid a sector facing declines. Operating margins ar...
Ares Commercial has faced significant challenges due to losses in its office loan portfolio, leading to two dividend cuts in three years. The REIT's shares are trading at a steep 50% discount to book value, reflecting investor doubts about its earnin...
Brixmor Property Group is recommended as a buy due to its durable income and steady growth supported by strong tenant demand and leasing momentum. The company shows strong same-property net operating income (NOI) growth driven by rent increases and r...
US spot XRP ETFs reached $996.65 million in net assets on July 10, just $3.35 million short of $1 billion. Despite a $7.29 million outflow last week ending a nine-week inflow streak, cumulative inflows since launch total $1.48 billion. XRP's price re...
