Using Discounted Closed Ended Funds designed to Increase Income and Reduce Risk
Currently focuses on: Cohen & Steers Select Utility Fund (nyse: UTF)
Its investment objective is to achieve a high level of after-tax total return through investment in utility securities. In pursuing total return, the Fund equally emphasizes both current incomes, consisting primarily of tax-advantaged dividend income, and capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its managed assets in a portfolio of common stocks, preferred stocks and other equity securities issued by companies engaged in the utility industry.
The Utility and Electrical industry is forecasted to grow at 8.5% for then next 5 years.*
Currently the Cohen & Steers Select Utility Fund is at a 16.89% discount
That means for every $100,000 invested in principle you invest roughly only $83,000.
Using regression to the mean* theories believing that historical mean for US based closed end funds historically trade at a 5% discount we would forecast Cohen & Steers Select Utility Fund would increase in principle about 12 percent...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
