This 12% Dividend Stock Beats QYLD and XYLD For Income
The fund launched in early 2021 which proved to be unfortunate timing as shares have declined by 40% over the past year amid the broader market selloff and particular weakness in the fund’s core exposure to high-growth tech names. That said, the fund looks interesting on the selloff considering its current 11% distribution yield and 10% discount to NAV. While the strategy remains high-risk into ongoing market headwinds, we see value in the underlying holdings which maintain a positive long-term outlook. I expect BIGZ to lead higher into improving market conditions going forward.
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This video is not intended as financial advice nor should be used as a substitute for your own research. Please consult a certified investment professional before making any decisions.
