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Posted by
Two Blokes May 4 -
Filed in
Stock
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Bexil Investment Trust offers diversification with some unusual holdings and trades at a deep discount, currently around 36%, due to unfriendly shareholder governance. The fund's performance has been holding up relatively well, aided by value-oriented holdings, despite broader market volatility, with its concentration in Mag 7 names. BXSY's 8.08% distribution yield is 'boosted' by the discount, with a manageable NAV distribution rate of 5.22%, though it is primarily funded through capital gains.
