EXG: Limited Upside Growth But Still Attractive For Income Investors
The Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) is considered a buy despite limited upside growth potential. It currently trades at an 8.6% discount to net asset value (NAV) and offers an 8.4% yield, appealing to income-focused investors. The fund's strategy includes option writing, which supports high income but restricts growth opportunities.
- ▪EXG is trading at an 8.6% discount to NAV.
- ▪The fund offers an 8.4% yield, making it attractive for income investors.
- ▪Its option writing strategy supports high income but limits upside growth.
- ▪The portfolio emphasizes technology leaders and provides global exposure.
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