SI
SI
discoversearch

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 : Young and Older Folk Portfolio

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: chowder who wrote (21208)10/11/2025 4:29:17 PM
From: QTI on SI3 Recommendations

Recommended By
jritz0
Markbn
Tam3262

  Read Replies (1) of 22988
 
Re. With a 1.17% yield from UTES, I wouldn't be interested. I expect income from utilities and capital growth from other assets.

Right. I wasn't in there for yield. I bought it in my IRA to provide some hedge against the heavy concentration of growth funds. But I guess I was wrong. Anyway, no biggy. I'll be building GLD for hedge. I'm sure UTES is a good fund "same management as UTG, my big winner CEF".


PS: My individual utilities stock as well as CEF funds (UTG, DNP, BUI) have done quite well in taxable account where they also provide nice income on top of cap gains. I'm hoping the gains stay till early next year so I can trim some. Already maxed out on my gains for this year taxes.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext