High Yield Investing - CEF's Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : High Yield Investing - CEF's

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: chowder	12/14/2021 9:44:25 PM
	4 Recommendations Recommended By jritz0 Markbn Menominee peterad Read Replies (1) of 245

BME for your consideration. A brief description of the fund. Under normal market conditions the Fund will invest at least 80% if its total assets in equity securities of companies engaged in the health sciences and related industries and equity derivatives with exposure to the health sciences industry. The fund has a 5.42% yield and sells at a 1.03% premium to NAV. BME usually trades around par anyway and it's average price to NAV is a premium of 2.57% so it is still currently under average. The fund uses almost no leverage, coming in at 0.07% and it isn't paying the distribution using ROC. The latest distribution increase came in at 7%. If one is looking to reinvest the distributions, this fund has outperformed the market since inception in 2005. So it's been through the Great Recession. In the link below you will see where a $10K investment in both BME and SPY back in 2005 would now generate the following: BME - balance $67,669 - a 12.76% CAGR. SPY - balance $49,983 - a 10.64% CAGR portfoliovisualizer.com TOP 10 Holdings: UnitedHealth Group Thermo Fisher Scientific Abbott Laboratories Pfizer Inc Johnson & Johnson Medtronic PLC Eli Lilly Intuitive Surgical Boston Scientific Cigna Corp This brief analysis should be enough to get you started on your DD if you are interested.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next