3 Funds for 8.8% Dividends and Upside Potential in Trump 2.0
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 27 2025
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Source: NASDAQ.COM
Market Volatility and Investment Strategy: With increasing market volatility expected, diversifying investments through closed-end funds (CEFs) is recommended to secure high dividends, with an average yield of 8.8%, significantly higher than the S&P 500's average.
Highlighted CEFs for Income Generation: Three specific CEFs are suggested for investment: Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) for blue-chip stocks, Cohen & Steers Quality Income Realty Fund (RQI) for diversified REITs, and PIMCO Access Income Fund (PAXS) for high-yield bonds, all providing substantial monthly dividends.
Analyst Views on PAXS
Wall Street analysts forecast PAXS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PAXS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 15.770
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Current: 15.770
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About PAXS
PIMCO Access Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks current income as a primary objective and capital appreciation as a secondary objective. The Fund seeks to achieve its investment objectives by utilizing a dynamic asset allocation strategy among multiple sectors in the global public and private credit markets, including corporate debt, mortgage-related and other asset-backed instruments, government and sovereign debt, taxable municipal bonds and other fixed-, variable- and floating-rate income-producing securities of United States and foreign issuers, including emerging market issuers and real estate-related investments. The Fund may invest without limitation in investment grade debt securities and below investment grade debt securities, including securities of stressed, distressed, or defaulted issuers. Investment manager of the Fund is Pacific Investment Management Company LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
