8-10% Yields: 4 Monthly Dividend CEFs To Buy In April 2024

seekingalpha04-10

Monthly dividends are popular for income investors, providing regular cash flow and easier budgeting.Investing in monthly paying high-yielding closed-end funds offers diversification, leverage, and ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2426986634?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/155141923/image_155141923.jpg","is_english":true,"pubTime":"2024-04-10 20:15","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2426986634","market":"hk","top_or_hot":-1,"title":"8-10% Yields: 4 Monthly Dividend CEFs To Buy In April 2024","media":"seekingalpha","content":"<div>\n<p>Monthly dividends are popular for income investors, providing regular cash flow and easier budgeting.Investing in monthly paying high-yielding closed-end funds offers diversification, leverage, and ...</p>\n\n<a href=\"https://seekingalpha.com/article/4683047-4-monthly-dividend-cefs-to-buy-in-april-2024\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>8-10% Yields: 4 Monthly Dividend CEFs To Buy In April 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n8-10% Yields: 4 Monthly Dividend CEFs To Buy In April 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-10 20:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4683047-4-monthly-dividend-cefs-to-buy-in-april-2024><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Monthly dividends are popular for income investors, providing regular cash flow and easier budgeting.Investing in monthly paying high-yielding closed-end funds offers diversification, leverage, and ...</p>\n\n<a href=\"https://seekingalpha.com/article/4683047-4-monthly-dividend-cefs-to-buy-in-april-2024\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UTF","symbol_name":"Cohen & Steers Infrastructure","start_time":0,"source_url":"https://seekingalpha.com/article/4683047-4-monthly-dividend-cefs-to-buy-in-april-2024","article_id":"2426986634","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/155141923/image_155141923.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2426986634","pubTimestamp":1712751300,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Monthly dividends are popular for income investors, providing regular cash flow and easier budgeting.Investing in monthly paying high-yielding closed-end funds offers diversification, leverage, and pr","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"UTF":"Cohen & Steers Infrastructure","BK7153":"综合零售","BIPC":"Brookfield Infrastructure Corp","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","BX":"黑石","BK4080":"零售业房地产投资信托","CFA.SI":"NikkoAM-STC Asia REIT","TCN.AU":"Techniche Ltd","WES.AU":"WESFARMERS LTD","LU1150488218.USD":"First Eagle Amundi Income Builder AU2-MD USD","BEP":"Brookfield Renewable Partners LP","BK4205":"房地产经营公司","WMB":"威廉姆斯","BK4550":"红杉资本持仓","BEPC":"Brookfield Renewable Corp.","BK7095":"多种金属与采矿","AIRC":"Apartment Income REIT Corp","BK4231":"零售房地产信托","RQI":"Cohen & Steers Quality Income Realty Fund","ET":"Energy Transfer LP","VNQ":"不动产信托指数ETF-Vanguard","NML":"Neuberger Berman MLP Income Fund","BK7096":"制药","ADC.AU":"ACDC Metals Ltd","TCN":"Tricon Residential Inc","LU0122376428.USD":"贝莱德世界能源基金A2","EPD.AU":"Empired Ltd","NML.AU":"NAVARRE MINERALS LTD","BK4233":"房地产运营公司","CFA":"VictoryShares US 500 Volatility Wtd ETF","BK4135":"资产管理与托管银行","PAA":"Plains All American Pipeline L.P","WES":"Western Midstream Operating, LP.","BN":"Brookfield","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BAM":"布鲁克菲尔德资产管理","AMLP":"Alerian MLP ETF","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","XLU":"公共事业指数ETF-SPDR","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","BK7511":"ESG概念","O":"Realty Income Corp","BIP":"布鲁克菲尔德公共建设","ADC":"艾格里房产","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","EPD":"Enterprise Products Partners L.P","PAA.AU":"PHARMAUST LTD","UTG":"Reaves 公用事业收益基金","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD"},"translate_title":"8-10%收益率：2024年4月购买4个月股息cef","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RQI":1,"BX":1,"EPD":1,"EPD.AU":1,"ADC":1,"NML":1,"NML.AU":1,"O":1,"PAA":1,"PAA.AU":1,"ET":1,"TCN":1,"TCN.AU":1,"UTF":1,"UTG":1,"VNQ":1,"WES":1,"WES.AU":1,"WMB":1,"XLU":1,"BN":1,"ADC.AU":1,"AIRC":1,"AMLP":1,"BAM":1,"BEP":1,"BEPC":1,"BIP":1,"BIPC":1,"CFA.SI":0.9,"CFA":0.67},"content_text":"Monthly dividends are popular for income investors, providing regular cash flow and easier budgeting.Investing in monthly paying high-yielding closed-end funds offers diversification, leverage, and professional management.We detail four CEFs that offer attractive monthly dividends and meaningful upside potential in April 2024.JamesBrey Monthly dividends are very popular with income investors due to the regular stream of cash flow that helps to boost spirits during market downturns and also makes monthly budgeting easier for those striving to live off of their dividend passive income. Investing in monthly paying high-yielding closed-end funds (i.e., \"CEFs\") can further enhance the benefits of investing in monthly paying dividend stocks by providing investors with:  Greater safety from broad diversification within each CEF Enhanced yields due to the funds using leverage Passive exposure to professional active management The chance to buy funds at a discount to NAV and then - if they desire - sell once the fund trades at a premium to NAV, further compounding the returns of the fund.  In this article, we will discuss four CEFs that offer very attractive monthly dividends and appear poised to soar higher in the near future. #1. Cohen & Steers Quality Income Realty Fund (RQI) As we detailed in our recent article, the REIT sector (VNQ) is a very attractive place to invest right now because:  REITs are heavily undervalued right now relative to the private market value of their underlying assets. Leading alternative asset manager Blackstone (BX) is buying REITs hand-over-fist right now, recently acquiring Tricon Residential (TCN) and Apartment Income REIT (AIRC), sending a powerful signal that REITs are likely undervalued right now. Moreover, the Fed appears likely to cut interest rates at some point this year, and the market is currently pricing in fairly substantial rate cuts over the next few years. Rate cuts are almost always an overwhelmingly bullish macro tailwind for the REIT sector.  While some investors favor simply investing in monthly-paying blue-chip REITs like Realty Income (O) or Agree Realty (ADC), RQI offers investors an attractive way to bet on this bullish outlook for REITs because it:  Currently trades at a ~6% discount to the net value of its underlying securities. Offers investors an 8.2% dividend yield (which is meaningfully higher than what O and ADC offer). Employs ~30% leverage, thereby amplifying upside during a bull market for REITs relative to the performance of the underlying REITs in its portfolio.  #2. Cohen & Steers Infrastructure Fund (UTF) As we detailed in our recent piece, infrastructure is an attractive place to invest right now due to five major macro tailwinds: (1) aging demographics that are driving increased investment demand for stable income-generating assets such as infrastructure, (2) enormous demand for additional infrastructure development across the global economy, (3) significant demand for data infrastructure due to the rise of artificial intelligence and the fourth industrial revolution, (4) deglobalization and decoupling from China by the West, thereby driving demand for additional supply chain and manufacturing-related infrastructure, and (5) the decarbonization of the global energy supply chain is driving substantial demand for new clean energy infrastructure. While we like Brookfield Infrastructure Partners (BIP)(BIPC) and Brookfield Renewable Partners (BEP)(BEPC) as dividend growth investment opportunities in the infrastructure space, UTF offers investors some different advantages relative to Brookfield's (BN)(BAM) subsidiaries:  Currently offers investors a much higher yield (8%) than BIP and BEP offer. Pays its dividend monthly, as opposed to quarterly. It employs ~30% leverage on top of its underlying holdings, thereby providing greater upside potential in a bull market for infrastructure stocks. It offers much greater diversification with its 244 holdings than BIP and BEP provide to investors.  #3. Reaves Utility Income Trust (UTG) UTG is another monthly-paying CEF in the infrastructure space that is also worth considering. Moreover, its dividend yield is a bit higher than UTF's at 8.5%, it trades at a slightly cheaper valuation relative to its NAV, and it offers lower leverage (~20%) than UTF does. For investors who want to be a bit more aggressive, UTF is probably a better choice, given its 30% leverage and greater exposure to growthier parts of the infrastructure space. Meanwhile, for investors who want to be more defensive, UTG is probably the better option, as it employs less leverage and has significantly greater exposure to the more defensively positioned utility sector (XLU) than UTF does (72% for UTG vs. 40% for UTF). #4. Neuberger Berman Energy Infrastructure and Income Fund (NML) Finally, while the midstream sector (AMLP) has been in a strong bull market for several years now with the likes of Energy Transfer (ET) and Plains All American (PAA) delivering market-crushing total returns, the fundamentals for it remain pretty strong, as we recently detailed. As a result, the opportunity to buy a well-diversified fund of midstream businesses at a 15% discount to NAV and a 9.5 %-yielding monthly dividend looks very attractive. Moreover, it utilizes a fairly conservative amount of leverage (~17%) and its largest holdings consist of some of the most attractive midstream businesses of the moment, such as ET, Enterprise Products Partners (EPD), Western Midstream (WES), and Williams Companies (WMB). As a result, investors can get a discounted exposure to the best of midstream without taking on too much leverage risk, making this an attractive high-yield value investment. Investor Takeaway As with all investments, there is no free lunch, and CEFs do come with their drawbacks, such as:  High expense ratios. Substantial leverage (in many cases) which cuts both ways. Highly diversified portfolios that bring with them plenty of low-quality stocks that weigh on the overall total returns of the portfolio.   As a result, we continue to favor investing in individual stocks in each of these sectors. However, for investors who want to juice their yields, receive monthly dividends, and enjoy the broad diversification and passivity that come with CEF investing, these four picks look like reasonable choices.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2426986634"}