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abrdn U.S. Closed-End Funds have announced distribution payment details for several funds, with payments scheduled for November 29, 2024, and January 10, 2025, depending on the fund.

Portfolio Pulse from

November 11, 2024 | 9:30 pm

ABBV

AbbVie shares fell nearly 10% after its schizophrenia drug emraclidine failed in late-stage trials. Despite this, the market reaction seems excessive, and the stock is seen as a buying opportunity due to its dividend yield and strong drug pipeline.

Portfolio Pulse from

November 11, 2024 | 9:00 pm

BGH

The Barings Global Short Duration High Yield Fund (NYSE: BGH) announced a monthly dividend of $0.1223 per share for November 2024, with an annualized yield of 9.56%. The dividend is expected to be paid from net investment income.

Portfolio Pulse from

November 11, 2024 | 8:45 pm

FSCO

FS Credit Opportunities Corp. (FSCO) has achieved a 28% total return over the past year, focusing on senior secured debt. The fund's discount to NAV has narrowed, with potential for further narrowing or a shift to a premium due to strong performance. Its high dividend yield, above 11%, and increasing dividends are key factors attracting investors.

Portfolio Pulse from

November 11, 2024 | 8:30 pm

FNF

Fidelity National Financial (FNF) has announced a 4% increase in its dividend, reflecting its ongoing commitment to returning profits to shareholders.

Portfolio Pulse from

November 11, 2024 | 5:45 pm

BGT

The BlackRock Floating Rate Income Trust (BGT) is likely to cut its distribution due to expected Federal Reserve interest rate reductions. Despite a high yield, the fund's recent performance has lagged, and its net asset value has declined.

Portfolio Pulse from

November 11, 2024 | 5:15 pm

V

Visa's stock has risen over 15% following a bullish outlook, with strong revenue and EPS growth. The company anticipates continued growth in FY 2025.

Portfolio Pulse from

November 11, 2024 | 5:00 pm

ZIPTAX

JLL Income Property Trust has declared its 52nd consecutive quarterly dividend of $0.1575 per share for the fourth quarter of 2024. The trust manages a portfolio with approximately $6.6 billion in equity and debt investment assets.

Portfolio Pulse from

November 11, 2024 | 4:15 pm

NEM

Newmont is currently undervalued at $45 per share, with potential for significant gains due to expected gold price increases and dollar devaluation. The company has extensive gold reserves, low production costs, a strong balance sheet, and a high dividend yield. Its forward P/E ratio suggests a 50% discount to its long-term value, with a target price of $90-$100 in 18-24 months.

Portfolio Pulse from

November 11, 2024 | 4:00 pm

ARMK

Aramark's stock reached an all-time high after reporting better-than-expected adjusted profits, increasing its dividend, and announcing a new stock buyback plan.

Portfolio Pulse from

November 11, 2024 | 4:00 pm