Hunting Season in Blue Chip Territory [View article]
DPO yield is mostly just giving money right back (Return of Capital). The only reason it shows a high total return is that it is trading at an unsustainable +25% premium to NAV.
From CEF Connect: "[DPO] Estimated Components of Distributions These percentages are as of the last calendar year. Early in the year, until the prior year's audited breakdowns are available, these will be estimated values. Ordinary Income: 18.10% Long term Capital Gain: Short term Capital Gain: Return of Capital: 81.90%"
Hunting Season in Blue Chip Territory [View article]
From CEF Connect:
"[DPO] Estimated Components of Distributions
These percentages are as of the last calendar year. Early in the year, until the prior year's audited breakdowns are available, these will be estimated values.
Ordinary Income: 18.10%
Long term Capital Gain:
Short term Capital Gain:
Return of Capital: 81.90%"