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AOD
Forbes
77 days

3 Cheap CEFs With Yields Up To 12%

1. AOD offers a dividend yield of 12.8%, trading at a 9.7% discount. 2. April's stock market decline created buying opportunities with attractive discounted yields. 3. Investors should act quickly as discounts on AOD may shrink further. 4. Overall market recovery may positively impact AOD's asset valuation. 5. AOD is a compelling income investment alongside other CEFs discussed.

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FAQ

Why Bullish?

The strong dividend yield and narrowing discount suggest positive future price movement, similar to historical trends where CEFs rebounded after market dips.

How important is it?

The article highlights AOD's attractive yield and discount, making it highly relevant for income-focused investors amidst market fluctuations.

Why Short Term?

Given current market dynamics and investor behavior, quick recovery of discounts can occur as seen in past market recoveries.

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