10-16-2022, 01:11 PM
(10-16-2022, 12:25 PM)NilesMike Wrote:(10-16-2022, 12:09 PM)divmenow Wrote:(10-16-2022, 08:21 AM)NilesMike Wrote: Anybody with any info or hold RVT? Seems interesting but I'm not well versed in CEFs.
Thanks, always looking to simplify.
It basically follows the Russell Small cap index
Down 31.4 YTD and average about 5% over the last 15 years.
This ETF is heavy into financials and industrials. Both make up 58% of the index
I'm not a fan of its top 10 holdings IPH, Morningstar, KBR and Sprout just to name a few
Pays a nice dividend
Decent if you can time the bottom. 5 year low $10.61 or so
Thanks, it looks like other than the GFC and COVID, $12 isn't a bad place to buy. Strictly to collect dividend, not expecting much growth.
Exactly, $12 a good buy in point. You buy for the dividend now. If it can get back to that $15-16 range you will do well here and collect the dividend while you wait it out. Any move to the upside is just icing on the cake. It’s like T but with more payout and upside lol . So not like T at all ??