EATON VANCE TAX MNG GBL DV E (NYSE:EXG)
Exchange traded fund
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17% discount is hard to ignore. Total return should exceed EFA and SPY.
Recs
gambling that the discount will narrow....
Recs
This trades at a 3% discount to the NAV and has a very reliable $0.475 dividend per quarter (two years with no changes).
I'll hold onto that 16% dividend until other people drive up the share price. Then I'll switch over to some other unloved fund.
Recs
I'll buy this when it gets below its 52 week low
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doubles in 24 months
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Morgan Stanley's answer to the Money Management and Debt investemnt of Closed- end markets. With a world wide investment Solution to the grow ned to make a profit forthe investor in mind. THey have the cash in and out nad will outperform forthe next 3 years.
Recs
Will be a tough run for a year or so.
Recs
Most of the other Eaton Vance funds I looked at trade for a discount to their NAV. I look for this fund to fall in relative terms over the short term until it trades for a small discount to NAV as well. On the other hand, I'm almost always wrong.
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