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The big year for utility funds is pretty much over, ISI predicts, expecting regulated...

The big year for utility funds is pretty much over, ISI predicts, expecting regulated utilities to post a flat total return for the balance of 2013. Even though the Utilities ETF (XLU) has another 13% to go before matching its 2007 high, ISI views the group’s valuation at nearly 16x next year’s earnings, its exposure to a change in interest rates and its big outperformance YTD as key reasons to stay away.
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Comments (3)
  • tr4head
    , contributor
    Comments (330) | Send Message
     
    This story went out early last year, mid last year, end of last year, etc etc. Same old news, but you can't beat nearly 4% yields.
    8 Apr 2013, 02:00 AM Reply Like
  • tr4head
    , contributor
    Comments (330) | Send Message
     
    They have been saying this since early last year, then again spring, then summer, fall and winter, not to mention earlier this year.

     

    What folks will try to do to manipulate people into risk!
    8 Apr 2013, 11:14 AM Reply Like
  • tr4head
    , contributor
    Comments (330) | Send Message
     
    OK
    8 Apr 2013, 11:15 AM Reply Like
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