AGD: Fully Covering Distribution, But Increasing Domestic Exposure
Portfolio Pulse from
The abrdn Global Dynamic Dividend Fund (AGD) offers a high yield of 12.94% and has fully covered its distribution in the most recent year. However, its increasing exposure to U.S. equities raises concerns due to high domestic valuations and lower yields compared to international options.
January 19, 2025 | 9:45 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The abrdn Global Dynamic Dividend Fund (AGD) offers a high yield of 12.94% with fully covered distributions, but its increasing U.S. equity exposure is concerning due to high valuations and lower yields.
AGD's high yield and fully covered distribution are positive, but the decision to increase U.S. equity exposure could be risky due to high valuations and lower yields, potentially affecting future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100