Value Investing News

Exchange traded funds (ETFs) and closed-end funds (CEFs) are composed of many different individual securities. This usually results in uneven dividend distributions. Some funds have tried to address this with a managed distribution policy. In short, a managed distribution policy is management’s commitment to make a fixed periodic dividend payment.

• http://dividendsvalue.com/7400/9-high-yield-managed-distribution-policy-funds/ (397)