1. MEGI announces a 10.47% annualized distribution rate for July 2025. 2. Current distribution rate may attract investors seeking yield.
The high annualized distribution rate of 10.47% is attractive, likely supporting demand. Historically, high distribution yields have led to positive stock performance and increased investor interest in similar funds.
The announcement of a substantial distribution rate typically incentivizes both current investors and potential new investors, potentially leading to increased liquidity and price support for MEGI.
Given the immediate announcement of distribution rates, there is potential for short-term price movements as investors react to the attractive yield.