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Posted by
Two Blokes May 7 -
Filed in
Stock
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3 views
With a 10.5% yield and trading at an 11.3% discount, the PEO fund appears to be a very attractive investment opportunity. The fund's top holdings include Exxon Mobil, Chevron, and ConocoPhillips, which provide strong dividends but face macroeconomic uncertainties. Despite strong recent performance, the oil market has recently entered a down-cycle based on global economic concerns and a significant oil supply/demand imbalance.
