AllianceBernstein, Inc.me Fund Inc. (AMEX:ACG)
CAPS Rating:
A closed-end fund designed to provide high current income consistent with the preservation of capital. The Fund invests principally in U.S. government obligations.
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Fool UK
Recs
70% of the portfolio is in AAA issues. Great div. yield. Some geographic diversification. Selling at significant discount (12.6%) to NAV. The fund has only lost money once (2008) in the last 20 years.