Gabelli Dividend &, Inc.me Trust ,The (NYSE:GDV)
Closed-end management investment company
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Will give this one a shot...0.75-1%. Stable dividend and pretty good numbers, no debt.
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Well managed stock with good performance and strategy for price appreciation, and currently undervalued
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great return.
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The thoughts on this one are pretty simple, they will pick good solid value stocks with nice dividends and return the money well to their investors, it's simple and in the long-term if you believe in this approach it should outperform.
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A steady income provider whose Stock price rises. Cap Gains at end of year could push it to about 18%/yr.
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There's nothing particularly exciting in GDV's return but it certainly does what it sets out to do. The recent shrinking of the discount to NAV has helped current holders but it won't persist and it mostly means that you'll get a bit less of a bargain if you're just now buying. The risk/return will stay low/average. Buy it? Your call. Since it's a stabilizing influence in my portfolio and I'm semi-retired, I'm holding what I have
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Closed-end fund trading at a double digit discount to NAV (from Quant Investor)
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strong income oriented closed end fund, providing great NAV returns and trading at a large discount
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