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Posted by
Two Blokes Jun 25 -
Filed in
Stock
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3 views
I'm upgrading ETJ to a buy due to its attractive 8.2% NAV discount and positive NAV growth over the past year. ETJ's 9% dividend yield is well-supported by earnings, with tax-efficient distributions ideal for income-focused, retired investors. The fund's option strategy limits upside but provides steady income, making it less suitable for younger, growth-oriented investors.