Positive
Seeking Alpha
4 months ago
BGH: This High Yield Fund Delivers Sustainable Monthly Income (Rating Upgrade)
Upgrading BGH to Buy after strong outperformance versus peers and a well-covered, recently increased distribution, despite earlier concerns about management turnover. BGH offers a nearly 10% yield, consistent monthly dividends, and potential for special payouts, all fully covered by net investment income, unlike some competitors. The portfolio is diversified across defensive sectors, with most holdings in North America, and has shown resilience even amid economic uncertainty and market volatility.