Your expenses will never stop coming; meet them head-on with valuable income. U.S. GDP per capita is a powerful indicator of total wealth generation. I continue to encourage you to have a large exposure to the U.S. economy.
Liberty All-Star Equity offers a unique blend of high dividend yield (10%) and substantial tech exposure, including Microsoft, Nvidia, and Amazon. The fund's 2024 performance was strong, with a 20.7% market price return and a 14.1% net asset value gain. Selling at a low 1.16% premium to NAV, the fund has significant re-rating potential if tech continues to perform well in 2025.
Liberty All-Star Equity has underperformed compared to a DIY portfolio using the SPY ETF, confirming my 2023 prediction. Some of USA's 'value' managers actually hold high P/E stocks, making the fund vulnerable to market shocks, with an overall portfolio valuation higher than the market. I recommend high-yield alternatives like the QDPL for a 4x dividend yield of the SPY and 85–90% of total returns or the JAAA for equity-like returns with low volatility.
TORONTO--(BUSINESS WIRE)--Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas” or the “Company”), today announced that it has duly filed and mailed its Notice of Meeting, Information Circular dated November 7, 2024 and form of proxy (collectively, the “Meeting Materials”) in connection with the upcoming special meeting of the shareholders of the Company (“Shareholders”) to be held on December 17, 2024 at 10:00 a.m. (Eastern Time) (the “Meeting”). Shareholders of rec.
Liberty All-Star Equity offers a high dividend yield but has consistently underperformed its benchmarks, making its high expense ratio unjustifiable. The fund's complex management structure with multiple managers creates friction and contributes to its poor performance compared to ETFs and other mutual funds. USA's 10% dividend yield is attractive to income investors, but it is primarily funded through share sales, limiting price appreciation.
Last year, the White House published a blog post titled “As the US Consumer Goes, So Goes the US Economy.”
Liberty All-Star Equity offers a 10% dividend yield and combines tech exposure with diversification, making it ideal for passive income investors. The fund's portfolio includes top tech names like Nvidia, Microsoft, and Alphabet, with a strong focus on the AI theme. Achieving double-digit returns over the last decade, the fund has a low expense ratio of 0.93% and $2 billion in assets.
Liberty All-Star Equity offers a high yield of 10.67%, with a balanced allocation to value and growth investment managers. The USA fund's diversified portfolio includes top sectors like Tech and Financials, with notable holdings such as Nvidia and Capital One. Despite underperforming the S&P 500 recently, USA's attractive dividend yield and sector exposure make it a compelling buy.
A lot of income-focused investors would miss out on the power of diversified stocks if it weren't for closed-end funds like the Liberty All-Star Equity Fund, currently yielding 10.0%. However, a look under-the-hood reveals this popular fund is only an incremental improvement for many investors, and it omits many of the important qualities that make other funds so attractive. In this report, we review USA (including the strategy, distribution, expenses, leverage, holdings and price versus net asset value), and then conclude with our strong opinion on investing.
SHAKOPEE, Minn.--(BUSINESS WIRE)-- #CyberPower--CRN publication named Lauren Gottsacker, channel account manager at CyberPower, to its 2024 Women of the Channel list.